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World Oil Demand

38

OPEC Monthly Oil Market Report – August 2017

Table 4 - 7: World oil demand in 2018*, mb/d

2017 1Q18 2Q18 3Q18 4Q18 2018 Growth

%

Americas

24.96 24.70 25.22 25.51 25.15 25.14

0.19 0.76

of which US

20.21 19.97 20.52 20.69 20.36 20.39

0.18 0.88

Europe

14.12 13.84 14.03 14.51 14.26 14.16

0.04 0.30

Asia Pacific

8.11 8.58 7.68 7.75 8.33 8.08 -0.02 -0.29

Total OECD

47.18 47.11 46.93 47.77 47.74 47.39

0.21 0.44

Other Asia

13.18 13.29 13.65 13.34 13.80 13.52

0.33 2.54

of which India

4.52 4.73 4.64 4.41 4.94 4.68

0.16 3.51

Latin America

6.52 6.36 6.62 6.91 6.55 6.61

0.09 1.30

Middle East

8.08 8.20 7.99 8.56 7.95 8.17

0.10 1.18

Africa

4.20 4.35 4.30 4.25 4.38 4.32

0.12 2.76

Total DCs

31.99 32.19 32.56 33.05 32.68 32.62

0.63 1.97

FSU

4.73 4.67 4.53 4.90 5.23 4.83

0.10 2.11

Other Europe

0.72 0.73 0.69 0.73 0.82 0.74

0.03 3.48

China

11.87 11.93 12.22 12.09 12.49 12.18

0.32 2.65

Total "Other regions"

17.32 17.33 17.43 17.72 18.54 17.76

0.44 2.54

Total world

96.49 96.63 96.93 98.55 98.96 97.77

1.28 1.32

Previous estimate

96.38 96.68 96.57 98.53 98.79 97.65

1.26 1.31

Revision

0.11 -0.05 0.36 0.02 0.16 0.12

0.01 0.01

Source: OPEC Secretariat.

Totals may not add up due to independent rounding.

Change 2018/17

Note: * 2018 = Forecast.