Oil production capacity growth vs Natural gas demand growth rate
In 2024, oil production capacity growth worldwide was 5 million barrels per day (forecast); natural gas demand growth rate was 2.8%.
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The series
Over time
Global, spaced by time in 2024 . 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 production capacity growth
Unit: million barrels per day · 1 observation
Forecast: dashed line, hollow markers, shaded band
View the underlying data
| Period | Type | Value |
|---|---|---|
| 2024–2030 | Forecast | 5 million barrels per day |
Natural gas demand growth rate
Unit: % · 1 observation
View the underlying data
| Period | Type | Value |
|---|---|---|
| 2024 | Actual | 2.8% |
Shared periods
Side by side
Only one period is published for both series. Comparing anything else would mean comparing different years.
| Period | Oil production capacity growth | Natural gas demand growth rate |
|---|---|---|
| 2024 | 5 million barrels per day | 2.8% |
Provenance
Where these numbers come from
Oil production capacity growth
Projected total addition to crude and liquids production capacity over a multi-year period.
2 observations in Global · source organisations: IEA
Natural gas demand growth rate
The year-on-year percentage change in total natural gas demand.
3 observations in Global · source organisations: IEA
Data published under CC BY 4.0. Series A as JSON · Series B as JSON
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