Repsol

Energy Context

Energy is essential for improving our society's level of wellbeing. At Repsol we believe that it is fundamental to know the world energy context, especially as regards oil and fossil fuels, which are still the main energy source in the short, medium and long term.

In this section we display information on energy based on official data from the main energy agencies and world financial organisations. This information is essential for understanding the different aspects involved in fluctuations in prices and demand of energy linked to economic cycles.

The data summarized in the section concern the latest economic forecasts; the current situation and the forecasts for the energy market for the year 2030; the geographic distribution of resources, the production and consumption of oil and natural gas in the world; the evolution of benchmark prices for oil and natural gas; and the evolution of the oil market, offering a clear and objective general overview of the aspects that influence the energy world today.