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Oil Markets Start 2018 With A Bang
1/3/2018 - Oil prices opened the year above $60 a barrel the strongest start to a calendar year since 2014. Both crude oil benchmarks the U.S. West Texas Intermediate (WTI) and globally traded Brent rose a...
Oil Prices Reach Near Mid-2015 Highs
12/28/2017 - Oil prices rose on Thursday, lifted by strong data from top importer China amid thin trading activity ahead of the New Year weekend. ...
Balance of Supply and Demand in 2018 - November 2017
Balance of Supply and Demand in 2018 - November 2017 11/14/2017 - OPEC crude for 2018 was also revised up by 0.4 mb/d from the previous report to stand at 33.4 mb/d, around 0.5 mb/d higher than the 2017 level.

All the quarters were revised up by nearly 0...
Balance of Supply and Demand - November 2017
11/13/2017 - OPEC crude in 2017 is estimated at 33.0 mb/d, which is 0.7 mb/d higher than the 2016 level. In 2018, demand for OPEC crude is projected at 33.4 mb/d, about 0.5 mb/d higher than the 2017 level. The se...
Balance of Supply and Demand in 2018 - October 2017
Balance of Supply and Demand in 2018 - October 2017 10/16/2017 - OPEC crude for 2018 was revived up by more than 0.2 mb/d from the previous month to 33.1 mb/d representing an increase of 0.3 mb/d over 2017. ...
Balance of Supply and Demand - October 2017
10/11/2017 - OPEC crude in 2017 is estimated to be 32.8 mb/d, or 0.6 mb/d higher than in 2016. In 2018, OPEC crude is projected to reach 33.1 mb/d, about 0.3 mb/d higher than in 2017. ...
Balance of Supply and Demand in 2017 - September 2017
Balance of Supply and Demand in 2017 - September 2017 9/18/2017 - Based on the current global oil supply/demand balance, OPEC crude in 2017 was revised up by 0.2 mb/d from the previous report driven mainly by the upward revision in demand. Within the quarters, the s...
Balance of Supply and Demand - September 2017
9/12/2017 - Based on the current global oil supply/demand balance, OPEC crude in 2017 is estimated at 32.7 mb/d, around 0.5 mb/d higher than in 2016. Similarly, OPEC crude in 2018 is estimated at 32.8 mb/d, abou...
Balance of Supply and Demand in 2018 - August 2017
Balance of Supply and Demand in 2018 - August 2017 8/24/2017 - Demand for OPEC crude for 2018 was revised up by 0.2 mb/d from the previous month. Within the quarters, the first quarter remained unchanged, while the second, third and fourth quarters were revised ...
Balance of Supply and Demand - August 2017
8/10/2017 - Demand for OPEC crude in 2017 is estimated at 32.4 mb/d, which is 0.4 mb/d higher than 2016 level. In 2018, the demand for OPEC crude is projected at 32.4 mb/d, almost at the same level as 2017.
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Balance of Supply and Demand in 2018 - July 2017
Balance of Supply and Demand in 2018 - July 2017 7/17/2017 - Based on the first forecast for demand and non-OPEC supply (including OPEC NGLs and non-conventional oil) for the year 2018, the demand for OPEC crude next year is projected to decline slightly by 0....
Balance of Supply and Demand - July 2017
7/12/2017 - Demand for OPEC crude in 2017 is estimated at 32.3 mb/d, which is 0.3 mb/d higher than the 2016 level. In 2018, the demand for OPEC crude is projected at 32.2 mb/d, which is around 0.1mb/d less than ...
Balance of Supply and Demand in 2017 - June 2017
Balance of Supply and Demand in 2017 - June 2017 6/15/2017 - Demand for OPEC crude in 2017 was revised up by 0.1 mb/d from the previous month. This upward adjustment was mainly due to the downward revision in non-OPEC supply as world oil demand remained unchang...
Oil Prices Continued to Fall
6/14/2017 - The crude price of OPEC basket stood at $46.01 a barrel on Tuesday, compared with $45.93 the previous day. In May 2017, OPEC said it would extend an 1.8 million barrel per day cut to oil output by ni...
Balance of Supply and Demand - June 2017
6/13/2017 - Demand for OPEC crude in 2016 stood at 31.8 mb/d, which is 2.0 mb/d higher than the 2015 level. In 2017, the demand for OPEC crude is projected at 32.0 mb/d, around 0.3 mb/d higher than last year.
OPEC Extends Oil Output Cut by Nine Months to Fight Glut
5/25/2017 - OPEC decided to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude after seeing prices halve and revenues drop sharply in...
OPEC Set to Prolong Oil Cuts as Delegates Predict Smooth Meeting
5/23/2017 - OPEC will likely agree to extend production cuts for another nine months, delegates said as the oil producer group meets this week to debate how to tackle a global glut of crude. ...
Balance of Supply and Demand in 2017 - May 2017
Balance of Supply and Demand in 2017 - May 2017 5/22/2017 - Demand for OPEC crude in 2017 was revised down by 0.3 mb/d from the previous month, mainly due to the upward revision in non-OPEC supply as world oil demand remained almost unchanged. Within the quart...
Balance of Supply and Demand - May 2017
5/11/2017 - Demand for OPEC crude in 2016 stood at 31.8 mb/d, which is 2.0 mb/d higher than the 2015 level. In 2017, the demand for OPEC crude is projected at 31.9 mb/d, around 0.2 mb/d higher than last year. <...
Balance of Supply and Demand in 2017 - April 2017
Balance of Supply and Demand in 2017 - April 2017 5/8/2017 - Demand for OPEC crude in 2017 was revised down by 0.1 mb/d from the previous month. This downward adjustment came mainly from an upward revision in non-OPEC supply, as world oil demand remained unchan...

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