The IEA Oil Market Report was published in mid April, data from the report can be found here.
The EIA’s STEO was published on May 9, 2017.
I assume in the chart above that OPEC crude output is 32 Mb/d in the last three quarters of 2017. Read More
Tag: Oil Market Report
IEA Oil Market Report- December 2016
The IEA released highlights for the December Oil Market report in mid December. I have used information from the November report and assumed OPEC crude output will be 32.7 Mb/d and non OPEC output will be 500 kb/d below the November report supply estimate. I have also used the demand estimates from the December highlights. Read More