Gulf Oil and Gas accountACCOUNT

Balance of Supply and Demand in 2017 - April 2017

Source: OPEC 5/8/2017, Location: Europe

Share |
Demand for OPEC crude in 2017 was revised down by 0.1 mb/d from the previous month. This downward adjustment came mainly from an upward revision in non-OPEC supply, as world oil demand remained unchanged. Within the quarters, the first quarter was revised up by 0.1 mb/d, while both the second and fourth quarters were revised down by 0.2 mb/d. The third quarter was revised down by 0.3 mb/d. Demand for OPEC crude is projected to increase this year by 0.6 mb/d to average 32.2 mb/d. Comparing to the same quarters of last year, the first and second quarters are expected to increase by 1.5 mb/d and 0.2 mb/d, respectively, while the third and fourth quarters are projected to increase by 0.1 mb/d and 0.4 mb/d, respectively.

Financials and Investment News in Austria >>

United Arab Emirates >>  5/29/2017 - Marubeni Corporation announces that Sweihan PV Power Company, owned by Marubeni (20%), JinkoSolar Holding Co., Ltd (20%) and Abu Dhabi Water and Elect...
United States >>  5/29/2017 - Otto Energy Limited (Otto) has entered into binding agreements to raise US$8.2 million via an issue of secured convertible notes (Issue). Terms have b...

Iran >>  5/28/2017 - Iranian Minister of Petroleum Bijan Zangeneh says the 172nd meeting of member states of the Organization of the Petroleum Exporting Countries (OPEC) w...
Iran >>  5/27/2017 - Iranís Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petroleum Exporting Countries (OPEC) to call on the Islamic R...

United Kingdom >>  5/26/2017 - InfraStrata plc, the independent gas storage company, provided an update on its Islandmagee project and financial position in an announcement on 22 Ma...
Austria >>  5/25/2017 - OPEC decided to extend cuts in oil output by nine months to March 2018, OPEC delegates said, as the producer group battles a global glut of crude afte...

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

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


Austria Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

More News

 

Oil & Gas Companies in Austria >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.