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July 1, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global demand for crude oil and associated liquids averaged a record of about 104.7 million barrels per day (BBL/d) in 2024, a gain of slightly less than 1% compared to 2023 use, according to the annual "Statistical Review of World Energy," prepared by the Energy Institute (EI) (London, England) and consultants Kearney (Chicago, Illinois) and KPMG (London). The report was released June 26.

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