Table of Contents Table of Contents
Previous Page  111 / 111
Information
Show Menu
Previous Page 111 / 111
Page Background

Next report to be issued on 12 September 2017.

OPEC Basket average price

US$/b

July OPEC crude production

mb/d, according to secondary sources

Economic growth rate

per cent

up 1.72 in July

up 0.17 in July

July 2017

46.93

June 2017

45.21

Year-to-date

49.75

July 2017

32.87

June 2017

32.70

World OECD US Japan Euro-zone China India

2017

3.4

2.0

2.1

1.4

2.0

6.7

7.0

2018

3.4

2.0

2.2

1.1

1.8

6.3

7.5

Supply and demand

mb/d

OECD commercial stocks

mb

2017

17/16 2018

18/17

World demand

96.5 1.4

World demand

97.8 1.3

Non-OPEC supply

57.8 0.8

Non-OPEC supply

58.9 1.1

OPEC NGLs

6.3 0.2

OPEC NGLs

6.5 0.2

Difference

32.4 0.4

Difference

32.4 0.0

Apr 17 May 17 Jun 17 Jun 17/ May 17 Jun 16

Crude oil

1,538 1,532 1,519

–13.0

1,523

Products

1,515 1,523 1,514

–8.9

1,531

Total

3,053 3,055 3,033

–21.9

3,054

Days of forward cover

64.9 64.4 63.8

–0.7

64.2