Forecast for 2017 Balance of Supply and Demand - March 2017

Source: OPEC 3/27/2017, Location: Europe

Demand for OPEC crude in 2017 was revised up by 0.2 mb/d from the previous month. Within the quarters, the first and the second quarters were revised up by 0.4 mb/d and 0.2 mb/d, respectively, while both the third and fourth quarters were revised up by 0.1 mb/d. The demand for OPEC crude this year is projected to increase by 0.7 mb/d to average 32.4 mb/d. Comparing to the same quarters of last year, the first and second quarters are expected to increase by 1.4 mb/d and 0.3 mb/d, respectively, while the third and the fourth quarters are projected to increase by 0.4 mb/d and 0.7 mb/d, respectively.

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...
Bermuda >>  1/16/2025 - Seacrest Petroleo Bermuda Limited ("Seacrest Petroleo") announces that late this afternoon, without any prior warning or discussion with the Company, ...
Bermuda >>  1/16/2025 - Ventura Offshore Holding Ltd. (the "Company") has received a notification from primary insider Gunnar W. Eliassen on the acquisition by Mr. Eliassen o...
Canada >>  1/16/2025 - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") is pleased to provide the following 2025 guidance update. All amoun...
Norway >>  1/16/2025 - Aker BP (OSE: AKRBP) will publish its report for the fourth quarter of 2024 and provide its annual strategy update on 12 February 2025. Today, the com...
United Kingdom >>  1/16/2025 - Elcogen, a leading European manufacturer of technology that enables delivery of efficient, affordable green hydrogen and emission-free electricity, to...
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.