Strong oil demand helped put oil prices on a rising path in recent years. Understanding what drives oil demand is therefore of the utmost importance in determining where oil demand and oil prices are heading next.

Unravelling the relative influence of the level of economic activity and oil prices on oil demand is not an easy task. The CGES has done the hard work for you by collating all the relevant data for 28 countries and analysing them in search of underlying patterns and effects.

In The Oil Price Shock and Oil Demand, oil demand in the following regions is compared and contrasted:

- North America
- South & Central America
- Europe & Eurasia
- The Middle East
- Asia-Pacific

Extensive use is made of econometric analysis to examine the historic trends in oil demand and produce demand forecasts to 2015 for 28 countries and the world as a whole.

The study The Oil Price Shock and Oil Demand discusses:

- Oil demand drivers
- Oil demand by country and region
- Country demand features and forecasts to 2010
- Forecasts and scenarios of world oil demand to 2015
- Impact and consequences of the price shock

The Oil Price Shock and Oil Demand dissects the factors driving the global demand for oil, concentrating on the regions and countries that act as engines of oil demand growth with a view to ascertaining what will happen to world oil demand to 2015.

Thumbnail description – This study dissects the factors driving global oil demand, covering the countries that are engines for oil demand growth, to ascertain what will happen to world oil demand to 2015.

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