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Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
Jul 13, 2022 · 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. Published July 2022.
Feb 11, 2022 · 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.
Crude oil futures prices rose on both sides of the Atlantic with the ICE Brent front month up $8.53, or 10.0%, to average $94.10/b and NYMEX WTI rising by $8.65, or 10.4%, to average $91.63/b.
- Demand growth will slow to 1.6 mb/d in 2023, down from 2.1 mb/d this year, as mounting economic headwinds impede gains. The GDP outlook has worsened and 4Q22 global oil use will contract (-240 kb/d) compared with last year.
- World oil supply rose 410 kb/d in October to 101.7 mb/d but is forecast to fall by 1 mb/d for the remainder of the year as OPEC+ cuts and an EU ban on Russian crude come into effect.
- Global refinery throughputs in October fell by 500 kb/d m-o-m to 80.4 mb/d, with a 1.1 mb/d decline in the Atlantic Basin partly offset by higher runs East of Suez.
- Russian oil exports rose by 165 kb/d to 7.7 mb/d in October as shipments to the EU, China and India held up and lower flows to Türkiye were more than offset by increases to yet to be identified destinations.
Graph 5.1 World inter-regional trade of crude oil 52 Graph 5.2 OPEC Members’ crude oil exports by destination 60 Section 6: Oil transportation 61 Graph 6.1 Average spot freight rates by vessel category 62 Section 7: Oil prices 65 Graph 7.1 OPEC Reference Basket 66 Section 8: Taxes on oil 71 Graph 8.1 Composite barrel and its components 73
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Monthly Oil Market Report 2022. 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.
