Financials and Investment: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Balance of Supply and Demand - Apr 09

Source: OPEC_RP090413 4/15/2009, Location: Europe

Share |

Estimate for 2008
Demand for OPEC crude is estimated to average 30.8 mb/d, indicating a decline of 0.3 mb/d, following a slight downward revision from last month. On a quarterly basis, demand for OPEC crude is estimated at 31.7 mb/d, 30.4 mb/d, 30.8 mb/d and 30.3 mb/d respectively.

Forecast for 2009
The supply/demand balance for 2009 has again been revised down to reflect lower demand and lower supply expectations. The demand for OPEC crude is expected to average 28.7 mb/d, following a downward revision of 0.3 mb/d from last month’s assessment. This represents a substantial decline of 2.1 mb/d over the previous year. The quarterly distribution shows that demand for OPEC crude is now expected to be 29.1 mb/d, 28.5 mb/d, 28.6 mb/d, and 28.8 mb/d respectively.

Financials and Investment News in Austria >>

KOGAS to Invest $4.9 Bln in Zubair Oil Project
  Iraq >>  8/18/2014 - Korea Gas Corp will invest 4.99 trillion Korean won ($4.9 billion) in Iraq's Zubair oil project, the state-run South Korean gas company said in a fili...
Oil Market Highlights - August 14
  Austria >>  8/11/2014 - Crude Oil Price Movements
The OPEC Reference Basket fell by $2.28 to $105.61/b in July amid easing worries about supply disruptions and w...


Balance of Supply and Demand - August 14
  Austria >>  8/11/2014 - Demand for OPEC crude in 2014 was revised down by 0.1 mb/d from the previous report to stand at 29.6 mb/d. In 2015, demand for OPEC crude is expected ...
Brazil May Raise Fuel Prices by Up to 6 Percent
  Brazil >>  8/11/2014 - The Brazilian government could increase domestic fuel prices at refineries by up to 6 percent after the October presidential election, a senior govern...

Monthly Inflation Rate Highest since 2008
  Egypt >>  8/10/2014 - The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the monthly rate of inflation in July reached 3.3 percent, compared to Ju...
Petrobras Profit Slumps as Imports, Price Gains
  Brazil >>  8/9/2014 - Profit at Brazilian state-run oil company Petrobras slumped 20 percent in the second quarter from a year earlier, as rising fuel imports, debt costs a...



Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Austria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |

More News

Oil & Gas Companies in Austria >>

Related Links

Countries Quick Links

00 AT BE BG CH CY CZ DE DK ES FI FR GR HR HU IE IT NL NO PL RO SE SI TR UK
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us