Notes to tables

• Published date: 01 November 2019
• Date: 01 November 2019
• DOI: http://doi.org/10.1111/oet.1_12598

Notes to tables

The present notes to the statistical tables are both general and not notes to the items carrying an asterisk (). In

several of the time series, there are sometimes revisions to the previous month's data. These are not footnoted.

A number of countries do not publish monthly figures, or publish them only after long delays. Consequently year

averages are used in several of the series for many of the monthly figures shown, or, in the current calendar year,

estimates based on the previous year.

Source of the data on the UK in tables 6, 7, 8, 9, 11, and 12 is Energy Trends, adapted and reproduced with

permission of the Controller of HMSO.

Tables 1 & 2: New E & P Agreements—Oil and

Gas Discoveries

Discontinued.

Table 3: Estimated Number of Rigs Active

Rigs active means rigs making new holes and

workovers. Figures for Kuwait and Saudi Arabia

exclude the Neutral Zone.

Table 4: World Crude and NGLs Production

Includes crude oil, field/lease condensate, and

natural gas liquids produced from NGL plants.

OPEC countries started to produce monthly

figures from November 1994; earlier figures are

estimates based on press reports and other sources.

Data for Kazakhstan and Uzbekistan was revised

creating a discontinuity in the series from January

2014 (Vol 39 Iss 1).

Table 6: Coal and Lignite Production

United Kingdom: monthly data are based on four

or five week averages, depending on the month.

Brazil and Chile. Includes flared and waste gas.

Table 7: Net Electricity Production

In March 1994this table was revised to give figures

in terms of net generation for all countries. This

revisioncreates a discontinuitywith electricityseries

publishedin OET before March 1994; Japan:public

utilities only; B razil: excludes i ndustry generati on

for own use; Venezuela:national grid only.

The data series for Pakistan in table 7d was

substantially revised in September 2012 (Vol

37 Issue 9).

Data for Other Europe for the period October

2011 to September 2012 (Vol. 37 Iss. 2-12) has

been revised from Vol. 38 Iss 1.

Data for Venezuela was revised in September

2015, creating a discontinuity with the series

before January 2013.

Table 8: Production from Refineries

From Vol. 37 Iss. 4 Aviation Fuel and Kerosene

appear as one column.

Retrospective changes have been made to figures

in this table previously using formulas where new

data is available.

Australia: naphtha included in ‘Other’.

Germany includes GDR (East Germany) from

January 1991.

Japan: excludes minor products from 1990.

Table 9: Refinery Runs

Crude oil processed. Excludes unfinished products

further processed.

Germany includes GDR (East Germany) from

January 1991.

Table 10: World Demand

Includes international bunkers and refinery fuel.

Germany includes GDR (East Germany) from

January 1991.

Slovenia and Estoniadata included in Other OECD

Europe from January 2013. This table was revised

after the identification of an error which caused oil

demand figures for Republic of Korea to be

inflated. The revision creates a discontinuity in the

series from December 2013 (Vol 38 Iss 12).

Table 11: Oil Demand by Product: Selected

Countries

Brazil: excludes fuel-alcohol. Kero/Jet & LPG

included in ‘All Others’.

Hong Kong: includes small amounts of re-exports

to Macao and China.

Mexico: excludes refinery fuel and petro-chemical

feedstocks.

Table 13: Crude Oil Netback Values

Discontinued.

Table 14.1: Spot Crude Oil Prices

These are assessed or estimated prices and values

for the major types of crude oils traded on spot

markets.

Table 14.3: Non-OPEC Crude Oil Sales Prices

These are official sales prices (except as otherwise

noted) and are generally market-related, subject in

some cases to retroactive adjustment.

Table 15: Spot Refined Product Prices

Discontinued.

Table 16: Oil and the Balance of Trade

As of January 2012 figures are reported in US

dollars. Value of Net Oil Imports is reported

annually.

Table 17: Net Imports of Crude and Products

Germany includes GDR (East Germany) from

January 1991. Spain: includes Canary Islands.

From Vol.38 Iss.7 Chile, Estonia, Israel and

Slovenia are included, data starting Jan 2012.

Table 19.1a: Principal Importers of Natural

Gas

Effective Vol 39 Issue 3: France: Imports from

Netherlands and Russian Federation replaced by

Belgium and Germany. Italy: Imports from

Netherlands and Russian Federation replaced by

Austria and Qatar.

Table 20: Spot (Dirty) Tanker Fixtures and

Freight Rates

Freight rates in %Ws are calculated from all dirty

spot fixtures for which rates were reported during

the month.

Table 22: Spot Freight Rates—by Tanker Size

Average spot freight rates (ASFR): averages of all

spot freight rates, by cargo size, reported each

month.

Spot (Dirty) PG–West %W: weighted average of

spot rates reported during the month for Persian

Gulf–West hauls.

Spot (Dirty) RT–Rott.: Ras Tanura to Rotterdam.

Rates refer to Worldscale for current year.

Table 24: Currency Exchange Rates

All months: end of month figures.

Table 25: Oil Company Earnings and Share

Prices

Net earnings are after pre-tax profits.

Table 26: Industrial Production

The OECD Index reference year has changed from

2005 to 2010, effective from Volume 38 Issue 11.

Table 27: Car Production in Selected Countries

United States: factory sales of passenger cars from

US plants.

The OECD Index reference year has changed from

2005 to 2010, effective from Volume 38 Issue 11.

© 2019 John Wiley & Sons Ltd

20 NOTES TO TABLES OIL AND ENERGY TRENDS, 2019