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OPEC Monthly Oil Market Report – June 2016
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Table 10.4: World oil demand/supply balance: changes from last month's table* , mb/d
2012 2013 2014 1Q15 2Q15 3Q15 4Q15 2015 1Q16 2Q16 3Q16 4Q16 2016
World demand
OECD
-
-
-
-
-
-
-
-
-
-
-
-
-
Americas
-
-
-
-
-
-
-
-
-
-
-
-
-
Europe
-
-
-
-
-
-
-
-
-
-
-
-
-
Asia Pacific
-
-
-
-
-
-
-
-
-
-
-
-
-
DCs
-
-
-
-
-
-
-
-
-
-
-
-
-
FSU
-
-
-
-
-
-
-
-
-
-
-
-
-
Other Europe
-
-
-
-
-
-
-
-
-
-
-
-
-
China
-
-
-
-
-
-
-
-
-
-
-
-
-
(a) Total world demand
-
-
-
-
-
-
-
-
-
-
-
-
-
World demand growth
-
-
-
-
-
-
-
-
-
-
-
-
-
Non-OPEC supply
OECD
-
-
-
-
-
-
-
-
0.1 -0.1
-
-
-
Americas
-
-
-
-
-
-
-
-
0.1 -0.1
-
-
-
Europe
-
-
-
-
-
-
-
-
0.1 0.1
-
-
-
Asia Pacific
-
-
-
-
-
-
-
-
-
-
-
-
-
DCs
-
-
-
-
-
-
-
-
-
-0.2 -0.1
-
-0.1
FSU
-
-
-
-
-
-
-
-
-
0.1
-
0.1 0.1
Other Europe
-
-
-
-
-
-
-
-
-
-
-
-
-
China
-
-
-
-
-
-
-
-
-
-
-
-
-
Processing gains
-
-
-
-
-
-
-
-
-
-
-
-
-
Total non-OPEC supply
-
-
-
-
-
-
-
-
0.2 -0.2
-
0.1
-
Total non-OPEC supply
growth
-
-
-
-
-
-
-
-
0.2 -0.2
-
0.1
-
OPEC NGLs +
non-conventionals
-
-
-
-
-
-
-
-
-
-
-
-
-
(b) Total non-OPEC supply
and OPEC NGLs
-
-
-
-
-
-
-
-
0.2 -0.2
-
0.1
-
OPEC crude oil production
(secondary sources)
-
-
-
0.1 0.1
-
-
-
-
Total supply
-
-
-
0.1 0.1
-
-
-
0.2
Balance (stock change and
miscellaneous)
-
-
-
0.1
-
-
-
-
0.2
OECD closing stock levels (mb)
Commercial
-
-
-
-2 -2 -2
1
1 -5
SPR
-
-
-
-
-
-
-
-
1
Total
-
-
-
-2 -2 -2
1
1 -4
Oil-on-water
-
-
-
-
-
-
-
-
-
Days of forward consumption in OECD
Commercial onland stocks
-
-
-
-
-
-
-
-
-
SPR
-
-
-
-
-
-
-
-
-
Total
-
-
-
-
-
-
-
-
-
Memo items
FSU net exports
-
-
-
-
-
-
-
-
-
0.1
-
0.1 0.1
(a) - (b)
-
-
-
-
-
-
-
-
-0.2 0.2
-
-0.1
-
Note: * This compares Table 10.3 in this issue of the MOMR with Table 10.3 in the May 2016 issue.
This table shows only where changes have occurred.
Source: OPEC Secretariat.