|
| Oil and gas, international markets |
| 2004 | 2005 | 2006 | 2007 | 2008 | 2006 | 2007 | 2008 | ||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Q 1* | Q 2* | Q 3* | Q 4* | Q 1* | Q 2* | Q 3* | Q 4* | Q 1* | Q 2* | Q 3* | Q 4* | ||||||||||||||||||||||||||||
| Total demand1 | 82.5 | 83.9 | 84.8 | 85.8 | 87.8 | 85.5 | 83.5 | 84.4 | 85.7 | 85.9 | 84.8 | 85.4 | 87.2 | 88.2 | 86.7 | 87.3 | 89.1 | ||||||||||||||||||||||
| OECD | 49.4 | 49.7 | 49.3 | 49.2 | 49.7 | 50.4 | 48.1 | 49.0 | 49.8 | 49.7 | 48.2 | 48.7 | 50.3 | 50.6 | 48.6 | 49.2 | 50.5 | ||||||||||||||||||||||
| North America | 25.4 | 25.5 | 25.3 | 25.6 | 25.7 | 25.2 | 25.1 | 25.5 | 25.4 | 25.7 | 25.4 | 25.5 | 25.6 | 25.7 | 25.6 | 25.7 | 25.8 | ||||||||||||||||||||||
| Europe | 15.5 | 15.6 | 15.6 | 15.4 | 15.6 | 16.0 | 15.2 | 15.6 | 15.7 | 15.2 | 15.0 | 15.4 | 15.8 | 15.7 | 15.1 | 15.5 | 15.9 | ||||||||||||||||||||||
| Pacific | 8.5 | 8.6 | 8.4 | 8.3 | 8.5 | 9.2 | 7.8 | 7.9 | 8.7 | 8.8 | 7.8 | 7.8 | 8.8 | 9.2 | 7.9 | 8.0 | 8.9 | ||||||||||||||||||||||
| Non OECD | 33.1 | 34.2 | 35.5 | 36.6 | 38.1 | 35.1 | 35.4 | 35.5 | 35.9 | 36.2 | 36.6 | 36.6 | 37.0 | 37.6 | 38.1 | 38.1 | 38.5 | ||||||||||||||||||||||
| Former USSR2 | 3.9 | 4.0 | 4.1 | 3.9 | 4.0 | 4.1 | 3.9 | 4.1 | 4.4 | 3.9 | 3.7 | 3.9 | 4.2 | 4.0 | 3.8 | 4.0 | 4.3 | ||||||||||||||||||||||
| Europe | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.7 | 0.8 | ||||||||||||||||||||||
| China3 | 6.4 | 6.7 | 7.2 | 7.5 | 7.9 | 7.0 | 7.3 | 7.2 | 7.2 | 7.3 | 7.7 | 7.5 | 7.6 | 7.7 | 8.1 | 7.9 | 8.1 | ||||||||||||||||||||||
| Other Asia | 8.6 | 8.8 | 8.8 | 9.2 | 9.4 | 8.9 | 8.9 | 8.6 | 8.9 | 9.2 | 9.3 | 9.0 | 9.3 | 9.4 | 9.5 | 9.2 | 9.5 | ||||||||||||||||||||||
| Latin America | 5.0 | 5.1 | 5.3 | 5.5 | 5.7 | 5.2 | 5.3 | 5.4 | 5.4 | 5.3 | 5.5 | 5.6 | 5.5 | 5.5 | 5.7 | 5.8 | 5.7 | ||||||||||||||||||||||
| Middle East | 5.7 | 6.0 | 6.3 | 6.7 | 7.0 | 6.2 | 6.3 | 6.6 | 6.3 | 6.5 | 6.6 | 6.9 | 6.6 | 6.9 | 7.0 | 7.3 | 7.0 | ||||||||||||||||||||||
| Africa | 2.8 | 2.9 | 2.9 | 3.1 | 3.2 | 3.0 | 3.0 | 2.9 | 2.9 | 3.1 | 3.1 | 3.0 | 3.1 | 3.2 | 3.2 | 3.1 | 3.2 | ||||||||||||||||||||||
| Total supply4 | 83.4 | 84.6 | 85.4 | 85.5 | .. | 85.4 | 85.1 | 85.7 | 85.4 | 85.4 | 85.1 | 85.1 | 86.5 | .. | .. | .. | .. | ||||||||||||||||||||||
| Total non-OPEC | 50.3 | 50.4 | 51.1 | 50.1 | 50.7 | 51.0 | 50.8 | 51.0 | 51.5 | 50.4 | 50.2 | 49.7 | 50.1 | 50.4 | 50.4 | 50.5 | 51.4 | ||||||||||||||||||||||
| OECD | 21.2 | 20.3 | 20.0 | 19.8 | 19.4 | 20.2 | 19.9 | 19.8 | 20.0 | 20.2 | 19.9 | 19.5 | 19.7 | 19.8 | 19.4 | 19.1 | 19.5 | ||||||||||||||||||||||
| North America | 14.6 | 14.1 | 14.2 | 14.3 | 14.2 | 14.2 | 14.2 | 14.2 | 14.2 | 14.4 | 14.4 | 14.2 | 14.1 | 14.4 | 14.1 | 14.0 | 14.1 | ||||||||||||||||||||||
| Europe | 6.1 | 5.6 | 5.2 | 4.9 | 4.5 | 5.5 | 5.1 | 4.9 | 5.2 | 5.2 | 4.9 | 4.7 | 4.9 | 4.7 | 4.4 | 4.3 | 4.5 | ||||||||||||||||||||||
| Pacific | 0.6 | 0.6 | 0.6 | 0.6 | 0.8 | 0.5 | 0.5 | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | ||||||||||||||||||||||
| Non OECD | 27.1 | 28.0 | 28.8 | 27.8 | 28.5 | 28.5 | 28.7 | 28.9 | 29.2 | 27.9 | 27.8 | 27.7 | 27.8 | 28.0 | 28.3 | 28.6 | 28.9 | ||||||||||||||||||||||
| Former USSR | 11.4 | 11.6 | 12.2 | 12.7 | 13.2 | 11.9 | 12.2 | 12.4 | 12.5 | 12.7 | 12.7 | 12.7 | 12.8 | 12.9 | 13.1 | 13.2 | 13.5 | ||||||||||||||||||||||
| Europe | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | ||||||||||||||||||||||
| China | 3.5 | 3.6 | 3.7 | 3.8 | 3.9 | 3.7 | 3.7 | 3.7 | 3.6 | 3.7 | 3.8 | 3.7 | 3.8 | 3.9 | 3.9 | 3.9 | 3.9 | ||||||||||||||||||||||
| Other Asia | 2.7 | 2.7 | 2.7 | 2.7 | 2.8 | 2.7 | 2.7 | 2.7 | 2.7 | 2.7 | 2.7 | 2.6 | 2.7 | 2.7 | 2.8 | 2.8 | 2.9 | ||||||||||||||||||||||
| Latin America | 4.1 | 4.3 | 4.4 | 4.3 | 4.2 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.2 | 4.1 | 4.2 | 4.3 | 4.3 | ||||||||||||||||||||||
| Middle East | 1.9 | 1.8 | 1.7 | 1.6 | 1.6 | 1.8 | 1.8 | 1.7 | 1.7 | 1.7 | 1.7 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 | 1.5 | ||||||||||||||||||||||
| Africa | 3.4 | 3.7 | 3.9 | 2.5 | 2.7 | 3.9 | 3.8 | 3.9 | 4.1 | 2.6 | 2.5 | 2.5 | 2.6 | 2.7 | 2.7 | 2.7 | 2.7 | ||||||||||||||||||||||
| Processing Gains5 | 1.9 | 1.9 | 2.0 | 2.1 | 2.1 | 2.0 | 2.1 | 2.1 | 2.0 | 2.0 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.1 | 2.2 | ||||||||||||||||||||||
| OPEC | 33.1 | 34.2 | 34.3 | 35.4 | .. | 34.5 | 34.3 | 34.7 | 33.9 | 35.0 | 34.9 | 35.4 | 36.4 | .. | .. | .. | .. | ||||||||||||||||||||||
| Crude oil | 28.9 | 29.7 | 29.7 | 30.6 | .. | 29.9 | 29.7 | 30.0 | 29.2 | 30.2 | 30.1 | 30.6 | 31.5 | .. | .. | .. | .. | ||||||||||||||||||||||
| NGLs | 4.2 | 4.5 | 4.6 | 4.8 | 5.4 | 4.6 | 4.6 | 4.6 | 4.7 | 4.8 | 4.8 | 4.8 | 4.9 | 5.1 | 5.2 | 5.5 | 5.9 | ||||||||||||||||||||||
| STOCK CHANGE AND MISCELLANEOUS6 | 0.9 | 0.7 | 0.6 | -0.3 | .. | -0.1 | 1.6 | 1.2 | -0.3 | -0.5 | 0.3 | -0.3 | -0.7 | .. | .. | .. | .. | ||||||||||||||||||||||
| 1 | Deliveries from refineries plus international marine bunkers, refinery fuel and crude for direct burning. Includes oil from non-conventional sources and other sources of supply. |
| 2 | Figures for former USSR are derived from offical production figures and quarterly trade data. |
| 3 | Annual Chinese demand is estimated from production and (adjusted) trade; quarterly figures represent estimates of domestic oil deliveries. |
| 4 | Comprises crude oil, condensates, NGLs, oil from non-conventional sources and other sources of supply. |
| 5 | Net of volumetric gains and losses in refining process (excludes net gain/loss in former USSR, China and non-OECD Europe). |
| 6 | Includes changes in non-reported stocks and crude ocean losses. |
| Source: IEA Monthly Oil Market Report. | |
| More information: http://www.ssb.no/english/subjects/10/06/20/ | |