World Oil Supply and Demand: IEA Oil Market Report - 11 December 2013 © OECD/IEA 2013
World Oil Supply and Demand: IEA Oil Market Report - 11 December 2013 © OECD/IEA 2013
World Oil Supply and Demand: IEA Oil Market Report - 11 December 2013 © OECD/IEA 2013
2014 2015 1Q16 2Q16 3Q16 4Q16 2016 1Q17 2Q17 3Q17
OECD DEMAND
Americas 24.2 24.6 24.5 24.4 25.0 24.8 24.7 24.5 24.6 25.2
Europe 13.5 13.8 13.6 13.9 14.4 14.2 14.0 13.8 14.1 14.5
Asia Oceania 8.0 8.1 8.6 7.7 7.8 8.4 8.1 8.6 7.7 7.8
Total OECD 45.7 46.4 46.7 46.0 47.3 47.4 46.8 46.8 46.4 47.5
NON-OECD DEMAND
FSU 4.7 4.6 4.6 4.6 4.9 5.0 4.8 4.6 4.8 5.0
Europe 0.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7
China 10.8 11.6 11.9 12.2 11.8 12.0 12.0 12.2 12.3 12.3
Other Asia 12.0 12.5 13.0 13.1 12.7 13.5 13.1 13.3 13.6 13.4
Americas 6.8 6.8 6.5 6.7 6.8 6.7 6.6 6.4 6.6 6.8
Middle East 8.4 8.4 8.0 8.5 8.8 8.3 8.4 8.1 8.6 8.8
Africa 3.8 4.1 4.2 4.2 4.1 4.1 4.2 4.3 4.3 4.2
Total Non-OECD 47.2 48.6 48.8 49.9 49.9 50.2 49.7 49.6 51.0 51.3
Total Demand1 92.9 95.0 95.5 95.9 97.1 97.6 96.6 96.5 97.4 98.7
OECD SUPPLY
Americas4 19.1 20.0 19.9 19.0 19.3 19.7 19.5 20.0 19.7 20.3
Europe 3.3 3.5 3.6 3.4 3.3 3.6 3.5 3.7 3.5 3.3
Asia Oceania 0.5 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Total OECD 22.9 23.9 24.0 22.8 23.1 23.7 23.4 24.0 23.6 24.0
NON-OECD SUPPLY
FSU 13.9 14.0 14.3 14.1 14.0 14.5 14.2 14.4 14.3 14.2
Europe 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
China 4.2 4.3 4.2 4.1 4.0 3.9 4.0 4.0 3.9 3.9
Other Asia2 3.5 3.6 3.6 3.6 3.5 3.5 3.6 3.5 3.4 3.4
Americas 2,4
4.4 4.6 4.4 4.4 4.6 4.6 4.5 4.6 4.5 4.6
Middle East 1.3 1.3 1.3 1.3 1.3 1.3 1.3 1.2 1.2 1.2
Africa 2
1.8 1.8 1.7 1.6 1.7 1.7 1.7 1.6 1.7 1.7
Total Non-OECD 29.3 29.7 29.5 29.1 29.1 29.7 29.4 29.5 29.2 29.3
Processing gains3 2.2 2.2 2.3 2.3 2.3 2.3 2.3 2.3 2.3 2.3
Global Biofuels 2.2 2.3 1.9 2.5 2.7 2.3 2.3 2.0 2.5 2.8
Total Non-OPEC Supply 2
56.7 58.2 57.7 56.7 57.2 58.0 57.4 57.8 57.6 58.3
OPEC
Crude 30.7 31.8 32.3 32.5 32.9 33.4 32.8 32.0 32.3
NGLs 6.4 6.6 6.7 6.8 6.9 6.9 6.8 6.9 6.9 7.0
Total OPEC2 37.1 38.4 39.0 39.3 39.8 40.3 39.6 38.9 39.2
Total Supply 4
93.8 96.6 96.7 96.0 97.0 98.2 97.0 96.7 96.8
STOCK CHANGES AND MISCELLANEOUS
IEA Oil Market Report - 11 December 2013 OECD/IEA 2013
Reported OECD
Industry 0.4 0.8 0.3 0.4 0.1 -0.8 0.0 0.3
Government 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0
Total Stock Ch. & Misc 0.9 1.6 1.2 0.1 -0.2 0.6 0.4 0.2 -0.7
Memo items:
Call on OPEC crude + Stock ch. 29.8 30.2 31.1 32.4 33.1 32.8 32.4 31.8 32.9 33.4
1 Measured as deliveries from refineries and primary stocks, comprises inland deliveries, international marine bunkers, refinery fuel, crude for direct
oil from non-conventional sources and other sources of supply.
2 Other Asia excludes Indonesia throughout. Latin America excludes Ecuador throughout. Africa excludes Angola throughout.
Total Non-OPEC excludes all countries that were members of OPEC at 1 January 2016.
Total OPEC comprises all countries which were OPEC members at 1 January 2016.
3 Net volumetric gains and losses in the refining process and marine transportation losses.
4 Comprises crude oil, condensates, NGLs, oil from non-conventional sources and other sources of supply.
5 Includes changes in non-reported stocks in OECD and non-OECD areas.
6 Equals the arithmetic difference between total demand minus total non-OPEC supply minus OPEC NGLs.
7/13/2017
and
www.oilmarketreport.org