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Fuel report
May 2017
Oil Market Report - May 2017
…higher than sweet crudes.In 2Q17, global refining activity slows down seasonally, lower by 370 kb/d from 1Q17, but is set to ramp up by 2.4 mb/d by July-August. The OECD leads the way: in non-OECD areas, maintenance and refinery closures in the Middle East, underperformance in Latin America and flat growth in India are not offset by growth in China and Russia. Highlights Weakness in a number of previously solid countries - India, US, Germany and Turkey - curtailed the 1H17 global demand growth estimate by 115 kb/d. Global demand growth is, however, still forecast at 1.3 mb/d…
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Fuel report
Feb 2017
Oil Market Report - February 2017
…time projects are coming on stream in Brazil and Canada.OECD total oil stocks fell nearly 800 kb/d in 4Q16, the largest fall in three years.End-December inventories were below 3 000 mb for the first time since December 2015. Stocks continued to build in China and other emerging economies and volumes of oil at sea also increased.Front-month Brent futures gained by a modest $0.59/bbl to $55.51/bbl in January as traders awaited news of OPEC cuts. The Brent contango narrowed, while sour benchmark Dubai continued to rise versus Brent and WTI. Gasoline…
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Report
Dec 2017
Real-world policy packages for sustainable energy transitions
Many countries are embarking on transitions to sustainable energy systems. Others are already well underway. Their transitions will require fundamental and interrelated changes in technologies, fuels, infrastructure, policies, markets and institutions. We provide an initial exploration of the key elements of policy packages for sustainable energy transitions as well as their application in different timeframes. Using the lens of real-world policy implementation, an overarching theme of the paper is that there is no single energy transition policy package that fits all countries - national policy objectives and constraints will shape each jurisdiction’s policy mix. Taking the challenge of implementing…