Forecast for Balance of Supply and Demand for 2012 –November 2012

Source: OPEC 11/25/2012, Location: Europe

The estimated demand for OPEC crude for 2012 remains broadly unchanged from the previous report, as demand and non-OPEC supply saw only minor adjustments. Within the quarters, the first, second and fourth quarters experienced downward revisions of 0.1 mb/d, while the third quarter was revised up by 0.1 mb/d from the previous assessment. The demand for OPEC crude stood at 30.1 mb/d in 2012, representing a decrease of 0.1 mb/d from last year. The first quarter is estimated to decline by 0.6 mb/d, versus the same quarter last year; the second expected to increase by 0.4 mb/d; while the second half of the year is seen remaining almost unchanged.

Canada >>  1/17/2025 - Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its fourth quarter financial resul...
Canada >>  1/17/2025 - PetroTal Corp. ("PetroTal") (TSX: TAL, AIM: PTAL and OTCQX: PTALF) announces the issuance of Common Shares to employees pursuant to its Performance Sh...
Canada >>  1/17/2025 - PetroTal Corp. ("PetroTal") (TSX: TAL, AIM: PTAL and OTCQX: PTALF), announces that, in accordance with the terms of its share buyback programme announ...
Canada >>  1/17/2025 - On November 4, 2024 Gran Tierra Energy Inc. ("Gran Tierra") announced a normal course issuer bid (the "NCIB") through the facilities of the Toronto St...
China >>  1/17/2025 - Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, announced th...
China >>  1/17/2025 - JinkoSolar Holding Co., Ltd. ("JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announc...
Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

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


More News

Oil & Gas Companies in Austria >>

Related Links

Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.