Oil demand growth vs Natural gas demand growth rate

Oil demand growth and Natural gas demand growth rate worldwide, drawn over time. No period has an observed value for both, so the two are not set side by side.

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The series

Over time

Global, annual figures, spaced by time . Different units, drawn on separate scales and clipped to the years both series publish; earlier history stays on each indicator’s own page. Read the values, not the heights.

Oil demand growth

Unit: million barrels per day · 2 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Oil demand growthOil demand growth. 2 observations from 2018 to 2023, ranging from 1 million barrels per day to 1.4 million barrels per day, of which 2 are forecasts. Latest value 1 million barrels per day (2023). million barrels per day 0 0.3 0.6 0.9 1.2 1.5 2018 2019 2020 2021 2022 2023 2024 2025 2026 FORECAST 1
Oil demand growthOil demand growth. 2 observations from 2018 to 2023, ranging from 1 million barrels per day to 1.4 million barrels per day, of which 2 are forecasts. Latest value 1 million barrels per day (2023). million barrels per day 0 0.5 1 1.5 2018 2019 2020 2021 2022 2023 2024 2025 2026 FORECAST 1
Oil demand growthOil demand growth. 2 observations from 2018 to 2023, ranging from 1 million barrels per day to 1.4 million barrels per day, of which 2 are forecasts. Latest value 1 million barrels per day (2023). million barrels per day 0 0.5 1 1.5 2018 2019 2020 2021 2022 2023 2024 2025 2026 FORECAST 1
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Oil demand growth
Period Type Value
2018 Forecast 1.4 million barrels per day
2023 Forecast 1 million barrels per day
Source: IEA · CC BY 4.0 · Full series

Natural gas demand growth rate

Unit: % · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 0.5 1 1.5 2 2.5 3 2018 2019 2020 2021 2022 2023 2024 2025 2026 FORECAST 2.8% 2%
Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 1 2 3 2018 2019 2020 2021 2022 2023 2024 2025 2026 FORECAST 2.8% 2%
Natural gas demand growth rateNatural gas demand growth rate. 3 observations from 2024 to 2026, ranging from 1.3% to 2.8%, of which 2 are forecasts. Latest value 2% (2026). % 0 1 2 3 2018 2019 2020 2021 2022 2023 2024 2025 2026 FORECAST 2.8% 2%
View the underlying data
Natural gas demand growth rate
Period Type Value
2024 Actual 2.8%
2025 Forecast 1.3%
2026 Forecast 2%
Source: IEA · CC BY 4.0 · Full series

Shared periods

Side by side

The two series do not publish a figure for the same period.

Provenance

Where these numbers come from

Oil demand growth

The projected net increase in total oil consumption or demand over a specified period.

2 observations charted in Global · source organisations: IEA

Natural gas demand growth rate

The year-on-year percentage change in total natural gas demand.

3 observations charted in Global · source organisations: IEA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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