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Monthly Oil Market Report 2021. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.
Key World Energy Statistics 2021. Sources. Average key crude oil spot prices, January 1991-June 2021 - Chart and data by the International Energy Agency.
Jan 19, 2021 · Global oil markets, battered by Covid-19, opened the New Year with a price rally gathering pace. Brent rose to $57/bbl and WTI to $53/bbl, reflecting a boost in demand on a cold-snap in Europe and Asia and OPEC+ supply cuts that look set to keep markets in deficit.
Dec 14, 2021 · Global oil demand is now set to rise by 5.4 mb/d in 2021 and by 3.3 mb/d in 2022, when it returns to pre-pandemic levels at 99.5 mb/d. Global oil production is poised to outpace demand from December, led by growth in the US and OPEC+ countries.
Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
Oil 2021. Includes 2019 data and forecasts through 2026 for world oil supply and demand by region, global oil demand by region and for major economies, world oil production (OPEC data through 2020 only), world refinery capacity additions, world ethanol and biodisel broduction, and selected upstream and refinery project start-ups.
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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.
