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Next report to be issued on 11 August 2015.

OPEC Basket average price

US$/b

June OPEC crude production

mb/d, according to secondary sources

Economic growth rate

per cent

down 1.95 in June

up 0.28 in June

June 2015

60.21

May 2015

62.16

Year-to-date

55.12

June 2015

31.38

May 2015

31.10

World OECD US Japan Euro-zone China India

2015

3.2

2.0

2.4

1.2

1.3

6.9

7.5

2016

3.5

2.1

2.6

1.2

1.5

6.5

7.7

Supply and demand

mb/d

OECD commercial stocks

mb

2015

15/14 2016

16/15

World demand

92.6 1.3

World demand

93.9 1.3

Non-OPEC supply

57.4 0.9

Non-OPEC supply

57.7 0.3

OPEC NGLs

6.0 0.2

OPEC NGLs

6.2 0.2

Difference

29.2 0.2

Difference

30.1 0.9

Mar 15 Apr 15 May 15 May 15/Apr 15 May 14

Crude oil

1,414 1,425 1,430

4.6

1,324

Products

1,366 1,393 1,403

9.7

1,340

Total

2,780 2,818 2,833

14.3

2,663

Days of forward cover

61.7 62.1 61.8

-0.4

58.2