Balance of Supply and Demand - Apr 08

Source: OPEC_RP080404 4/15/2008, Location: Europe

Estimate for 2007
Demand for OPEC crude in 2007 is estimated at 31.92 mb/d, an increase of 285 tb/d over the previous year. On a quarterly basis, demand for OPEC crude averaged 31.82 mb/d, 30.91 mb/d, 32.19 mb/d and 32.75 mb/d respectively.

Forecast for 2008
The demand for OPEC crude in 2008 is expected to average 31.75 mb/d, a decline of 171 tb/d compared with the previous year. On a quarterly basis, demand for OPEC crude is expected to average 32.36 mb/d, 31.00 mb/d, 31.58 mb/d and 32.06 mb/d respectively.


Netherlands/Holland >>  7/6/2022 - The independent energy firm Parkmead is happy to share the following trading update regarding the operation of its Dutch gas assets for the year end...
Tanzania >>  7/6/2022 - Orca Energy Group Inc. announces its intention to commence a Normal Course Issuer Bid (the “Bid“) for purchase of its Class B Subordinate Voting Share...

United Kingdom >>  7/6/2022 - Getech, a provider of renewable hydrogen and geoenergy, has won new business worth $2.15 million. These include the selling of geoscience data as well...
Norway >>  7/5/2022 - Electromagnetic Geoservices ASA ("EMGS") is pleased to announce that the Company has secured approximately USD 3.8 million in revenue from uplifts r...

United Kingdom >>  7/5/2022 - NextEnergy Solar Fund, the specialist renewable energy investment company, is pleased to announce it has signed a two-year extension to its existing £...
United Kingdom >>  7/5/2022 - Mast Energy Developments Plc, the UK-based multi-asset owner and operator in the rapidly growing Reserve Power market is pleased to announce an update...

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 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.