Note: AEs = advanced economies; ASEAN = Association of Southeast Asian Nations; f = forecast; Mb/d = million barrels per day. Bars indicate the average change in annual oil demand for the selected periods. Data sourced from IEA’s Oil Market Report, April 2025 edition. 2025 and 2026 are projections. ASEAN includes the following members: Brunei, Cambodia, Indonesia, Lao People’s Democratic Republic, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Viet Nam.