Notes to tables

• Date: 01 October 2016
• Published date: 01 October 2016
• DOI: http://doi.org/10.1111/oet.1_12304

16 NOTES TO TABLES OIL AND ENERGY TRENDS, OCTOBER 2016

Notes to tables

The present notes to the statistical tables are both general and note 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A number of countries do not publish monthly figures, or publish them only after long delays.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 1994 this table was revised to give

figures in terms of net generation for all

countries. This revision creates a discontinu-

ity with electricity series published in OET

before March 1994; Japan: public utilities only;

Brazil: excludes industry generation 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 prod-

ucts 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 Estonia data 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 val-

ues 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 other-

wise 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 Rot-

terdam. 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 Coun-

tries

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

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