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Fuel report
Jun 2017
Oil Market Report - June 2017
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Recent weaknesses in demand growth are likely to prove transitory, particularly in post currency-reform India. Although global growth was only 0.9 mb/d in 1Q17, it accelerates in 2H17 and for the year as a whole our outlook remains unchanged at 1.3 mb/d. In 2018…
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Fuel report
Mar 2017
Oil Market Report - March 2017
The IEA Oil Market Report (OMR) is one of the world’s most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Highlights Having expanded by 1.6 mb/d in 2016, global oil product demand growth is expected to ease back to 1.4 mb/d in 2017. Early indicators of 1Q17 demand support this, with slowdowns seen in January in Japan, Germany, Korea and India.Global oil supplies rose 260 kb…
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Fuel report
Apr 2017
Oil Market Report - April 2017
…large build, we estimate OECD stocks gained 38.5 mb (425 kb/d) in 1Q17. Marginal stocks held offshore or in smaller facilities drew by an estimated 325 kb/d during the same period.Crude prices fell more than $3/bbl on average in March, but rose by $5/bbl in early April. Money managers cut their net long positions in crude futures by 200 mb in March amid the price fall. Product prices showed few signs of rallying during the refinery maintenance season.After 1Q17's almost flat performance vs 1Q16, refinery throughput in 2Q17 will grow 1.15 mb/d y-o-y. Refinery…