The ieas oil market report omr is a key industry publication. The iea december monthly oil market report was released today. Drop in the number of rigs drilling for oil and huge reductions in exploration and production capital expenditures have been reported as a result of current oil prices. The major developments of the last twelve months in gas highlight that, after a period of consumption. By accessing this site, you accept that we process certain information you send e. However, this years oil supply prospects became less optimistic. Energy prospectus view topic iea oil market report. The table of contents of the momr can now be seen in the navigation pane of the pdf file, allowing readers to. Global energy and co2 status report 2018 energy demand page 3 key findings 2018 global energy consumption in 2018 increased at nearly twice the. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance. Here are the highlights from the latest oil market report, released by the international energy agency iea this thursday. Market report series analysis and forecasts to 2o23.
Since its inception in 1983, the iea s oil market report omr has become recognised as one of the worlds 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 oecd and selected nonoecd countries. Market report series analysis and forecasts to 2o22 renewables 2o17executive summary. Oil search has made a policy commitment to disclose and report transparently in alignment with the 2017 financial stability boards tcfd recommendations. Summary of weekly petroleum data for the week ending april. Monthly oil market report 2017 the monthly oil market report momr contains a wealth of information, including developments in the world economy, data on oil prices, supply and demand, crude and product stocks and much more. Since its inception in 1983, the ieas oil market report omr has become recognised as one of the worlds 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 oecd and selected nonoecd countries. If you have any questions or if you wish to subscribe to the iea monthly oil data service, please contact us.
International energy agency iea data services subscriptions. The graphics in this presen tation focus on projections through 2040. The iea expects nonopec countries to increase their oil. Oil 2019, the annual iea outlook for global oil markets, examines the key issues in demand, supply, refining and trade to 2024. Heat represents threequarters of industrial energy demand worldwide, and half of it is of low to mediumhigh temperature the iea has just released its report iea insights 2017 renewable energy for industry pdf highlights from the iea report with relevance for csp. The iea mediumterm oil market report mtomr companion to the monthly omr draws their implications for the future. The oil market report is published every month and includes. Oil market outlook focus on the trends for the next 5 years.
The iea was initially dedicated to responding to physical disruptions in the supply of oil, as well as. International energy agency the international energy agency iea, an autonomous agency, was established in november1974. Oil market report january 2017 analysis and key findings. The ieas renamed energy efficiency 2017 was prepared by the energy efficiency division eefd of. This years global status report looks at the state of global buildings and construction since the historic paris agreement. The monthly oil market report momr contains a wealth of information, including developments in the world economy, data on oil prices, supply and demand, crude and product stocks and much more. Energy information administration eia will provide weekly estimates of u.
The agreement brought to an end a twoyear freemarket window where producers competed to secure outlets for their oil. The report this year examines how chinas choices could reshape the global outlook for all. Since its inception in 1983, the ieas oil market report omr has become recognised as one of the worlds most authoritative and timely sources of data. Global gas report 2017 prepared in collaboration with. On the whole growing tendency of world oil supply is observed in spite of the oil price collapse in 2014. Is the latest iea oil market report really bullish. The iea examines the full spectrum of energy issues including oil, gas and coal supply and demand, renewable energy technologies, electricity markets, energy efficiency, access to energy, demand side management and much more. The ieo2017 is the first ed ition of this report to include mo del results through 2050, which are available on the ieo page of the eia website.
Gasoline production increased last week, averaging 6. The total demand for oil products will not be dramatically altered, but the impact of the changes on the product mix is a major uncertainty in our forecast. This report presents the perspectives on a lowcarbon energy sector of the international energy agency iea and the international renewable energy. Lower oil prices are however also significantly helping to balance the market by bolstering demand while also leading to softer production growthfrom us shale.
It provides detailed projections for oil supply at field level, crude quality trends, demand by product, refined product output and oil investments through 2017. Energy efficiency is central to all global energy transitions. Oil market rebalancing is essentially here, iea says cnbc. While we cannot know how long the deal will last, it provides clear trends to guide our view of the next five years. The international energy association iea released its oil market report omr for december, cutting the outlook for 2015 global oil demand growth by.
Iea oil market report 2017 center for strategic and. This website allows you to purchase data card and data service subscription access to the iea online data services website. Chapter 2 of perspectives for the energy transition investment needs for a lowcarbon energy system oecdiea 2017. This report, updated monthly, provides data on oil production, imports, exports, refinery outputs, deliveries and stocks for all oecd member countries. The iea june monthly oil market report was released today.
Ieas midterm oil market report 2015 expects that 2 mbd of fuel oil would need to be switched to distillate type of fuels, while other sources show even higher switch volume estimates very high switch volume compared longterm distillate growth and fuel oil decline trends. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Ieaghg technical report 201702 february 2017 techno conomic e of evaluation smr based standalone merchant. There are signs the global oil market is returning to balance and stocks of oil products in industrialised nations could soon fall below their fiveyear average, the iea said wednesday. Changes from last edition in the 2019 edition of this online data service the default data display is figures rounded to zero decimal places. Iea headquarters, paris iea bioenergy annual report 2017 under the iea framework for international energy technology cooperation the executive committee of each technology collaboration programme tcp must produce an annual report for iea headquarters. Oil market report december 2017 analysis and key findings.
Iea oil market report sees higher us production in 2017. Changes from last edition in the current release the files for oecd countries are updated with complete information for 2018. Iea oil market report 2017, opec world oil outlook 2016, april 2017 economic forecast of the ministry of economic development of russia, draft energy strategy up to 2035 of the ministry of energy of russia. Global refining throughput in 2020 is expected to decline for the second consecutive year, falling below 2017 levels as demand for transport fuels. This document contains the report of the iea bioenergy executive committee for 2017. Annual report joint ieaiefopec reports opec, iea, oecd, wb joint report. Please refer to the technical requirements for using iea online data services website beforehand. These changes provide the backdrop for the world energy outlook 2017, which includes a full update of energy demand and supply projections to 2040 based on different scenarios.
The report this year examines how chinas choices could reshape the global outlook for all fuels and technologies. This website uses cookies to improve your experience while you navigate through the website. Oil 2017 formerly known as the mediumterm oil market report. Indigenous production of crude oil, ngl and feedstocks by oecd region. Energy efficiency 2017 is the key global tracker of energy efficiency progress and a vital information resource for policy makers and companies seeking to reap the multiple benefits of energy efficiency. The oil market has essentially reached a balance and will continue to accelerate in the near term, the international energy agency iea said in.
Activity is accelerating with respect to solar heat for industries. The world files ngwbal and ngwimp include data up to 2017 with preliminary supply data for 2018. Detailed market figures 2017 2 0 1 9 e d i t i o n. The iea conducts a broad programme of energy research, data compilation, publications and public dissemination of the latest energy policy analysis and recommendations on good practices. Iea sees global market awash with oil in 2017 if no opec cut. Market report series renewables 2o17 analysis and forecasts to 2o22 executive summary. Eias international energy outlook 2017 ieo2017 presents an assessment of longterm world energy markets.
Purchase access to iea data services by credit card. The monthly oil market report momr contains a wealth of information. The oil market surplus may run into a third year in 2017 without an output cut from opec, while escalating production from exporters around the globe could lead to relentless supply growth, the. Market report from the international energy agency concludes that the supply. Energy efficiency 2017 analysis and forecasts to 2022. In an effort to continuously enhance the service provided to our readers, we are pleased to announce that the analysis provided in the opec monthly oil market report is now more accessible than ever. The iea is working to improve understanding of the status, drivers and benefits of energy efficiency. Database documentation 2019 edition international energy agency 1. In its monthly oil market report, the international energy agency forecasts global oil demand growth totaling 1. However, the rapid rise in output, particularly in the united states, could well outweigh any pickup in demand and begin to push up global oil inventories, which are now within sight of their fiveyear average. This agreement provides the backdrop to the ieas latest fiveyear oil market forecast, which was renamed market report series. The international energy agency iea was established in 1974 within the framework of the organisation for economic cooperation and. The global status report 2017 was prepared by thibaut abergel, brian dean and john dulac of the international energy agency iea for.
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