Balance of Supply & Demand Forecast for 2011 – November 2011
Source: OPEC 11/14/2011, Location: EuropeDemand for OPEC crude for this year has been revised up by 0.1 mb/d from the previous assessment driven mainly by the downward revision in non-OPEC supply as demand remained unchanged. Within the quarters, the main upward adjustment occurred in 2H11 as 3Q and 4Q were revised up by 0.3 mb and 0.2 mb/d, respectively. At 30.0 mb/d, the demand for OPEC crude stood at 0.3 mb/d above 2010. 1Q and 2Q showed growth of 0.9 mb/d and 0.1 mb/d, respectively, while 3Q is estimated to see negative growth of 0.2 mb/d. 4Q is seen to show growth of 0.2 mb/d compared to the same period during the previous year.
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Netherlands/Holland >> 7/1/2022 - Royal Boskalis Westminster N.V. (Boskalis) has taken note of the press release issued by HAL Holding N.V. (HAL) on 24 June 2022 in which it formally a...
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Annual Report and... |
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Related Links
OPEC Member Countries Economy – November 2011
Asia Developing Countries Oil Supply - November 2011
OPEC Reference Basket in October 2011
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