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Fuel report
Dec 2022
Is the biofuel industry approaching a feedstock crunch?
Renewables 2022 This report forms a component of Chapter 4 of Renewables 2022 and addresses a key question in renewable energy markets. Biodiesel, renewable diesel and biojet fuel producers are headed for a feedstock supply crunch during 2022-2027 if current trends do not change. In our main case, demand for vegetable oil, waste and residue oils and fats increases 56% to 79 million tonnes over the forecast period. Fuels made from wastes and residues are in particularly high demand because they satisfy GHG and feedstock policy objectives in the United States and Europe. In fact, wastes and residues are expected to…
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Fuel report
Jul 2018
Oil Market Report - July 2018
…Crude oil prices fell in June but since the Vienna Agreement meetings values for ICE Brent and NYMEX WTI have increased by 7% and 13%, respectively, on news of supply disruptions. In product markets, increased refinery output and signs of slowing demand put pressure on gasoline, diesel and jet fuel cracks.Global refining throughput will grow by 2 mb/d from 2Q18 to 3Q18, with more than half of the increase in the Atlantic Basin. Runs are forecast to reach 82.8 mb/d, 0.7 mb/d higher than the previous record level in 4Q17. This could result in large crude stock draws…
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Article
18 Aug 2022
Japan Oil Security Policy
…the equivalent of 70 days of stocks, based on consumption over the previous 12 months. The public stocks mostly consist of crude oil, but the government has expanded its emergency inventory to include around six days of four categories of refined products – gasoline, kerosene, fuel oil and diesel oil. Some government stocks are held in storage facilities with no drawdown infrastructure and would take weeks or months to release, some in dedicated leased tanks, and some (namely the product stocks) are commingled with industry stocks. In case of an IEA coordinated collective action, Japan would likely rely in the first…
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Article
13 Dec 2021
Fuel economy in Brazil
…LDV market since 2005, sales shares have been slowly shrinking while shares of SUV/pick-ups have grown from 10% of the market to 35% in 2019. The average weight of vehicles remains 15% below the global average, yet has grown 10% from 2005 to reach 1 261 kg in 2019.Flexfuel powertrains in each vehicle segment have experienced the most rapid decrease in fuel consumption compared with gasoline, diesel and other powertrains. As a result of regulations introduced in 1975, flexfuel vehicles have dominated the LDV market, and were 86% of LDV sales in 2019. The market for gasoline…
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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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Country report
Oct 2012
Oil and Gas Emergency Policy: Japan 2013 update
Oil and Gas Emergency Policy: Japan 2013 update Oil remains the most significant energy source in Japan, accounting for some 45% of the country’s total primary energy supply in 2011. The transport sector represented around 38% of total consumption in 2010, while the industry sector accounted for 30%. A significant proportion of the industry sector’s oil demand comes from the chemical industry. The country has 27 operational refineries with a total crude distillation capacity of around 4.5 mb/d. Japan meets its 90-day stockholding obligation to the IEA by holding government emergency stocks and by placing…
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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
Jul 2019
Oil Market Report - July 2019
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 Global demand growth is set to accelerate from an exceptionally weak 310 kb/d in 1Q19 and 800 kb/d in 2Q19 to reach 1.8 mb/d in the second half of the year as economic activity improves and petrochemical plants ramp up. For 2020, the pace of growth will…
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Fuel report
Feb 2017
Oil Market Report - February 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 Supported by strong 4Q16 numbers,the estimate for global oil demand growth for 2016 was revised up for the third consecutive month to 1.6 mb/d. Although still forecast to decelerate in 2017 to 1.4 mb/d, recent improvements in industrial activity are providing…
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Article
13 Dec 2021
Fuel economy in Japan
Market profile and analysis of fuel consumption trends Nearly 5.1 million new light-duty vehicles (LDVs) were sold in Japan in 2019, with an average fuel consumption that is among the lowest of all major LDV markets at 5.5 litres of gasoline equivalent per 100 kilometres. In 2019, the average fuel consumption of new LDVs in Japan was 24% below the global average, and between 2005 and 2019, fuel consumption of new LDVs fell by 2.4% on average each year. This represents a substantial improvement compared with other major LDV markets, though the pace of fuel economy…