The EIA STEO was published recently. The estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. This month, the EIA revised the 2022 global liquid fuels consumption data available in the International Energy Statistics, increasing the assessment of global oil consumption that year by nearly 0.8 million barrels per day (b/d) compared to last month's STEO.