Notes to tables

• Published date: 01 April 2018
• DOI: http://doi.org/10.1111/oet.1_12505
• Date: 01 April 2018

16 NOTES TO TABLES OIL AND ENERGY TRENDS, APRIL 2018

Notes to tables

e 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. ese are not footnoted.

A number of countries do not publish monthly gures, or publish them only aer long delays. Consequently year

averages are used in s everal of the se ries for many of the monthly gures shown, or, in the cur rent calendar year,

estimatesbasedonthepreviousyear.

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

of the Controller of HMSO.

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

Gas Discoveries

Discontinued.

Tab le 3: Es tim ated N umb er of Ri gs Ac tive

Rigsactivemeansrigsmakingnewholesand

workovers. Figures for Kuwait and Saudi Arabia

exclude the Neutral Zone.

Table4:WorldCrudeandNGLsProduction

Includescr ude oil,eld/lease condensate, and nat-

ural gas liquids produced fromNGL plants. OPEC

countries started to producemonthly gures from

November1994; earlier gures are estimates based

on press reports and other sou rces.

Data for Kazakhstan andUzbekistan was revised

creating a discontinuityin the series f romJanuary

2014 (Vol39 Iss 1).

Table6:CoalandLigniteProduction

United Kin gdom: monthly data are based on four

or ve week averages,dep endingon the month.

Brazil and Chile. Includes ared and waste gas.

Table7: Net E lectricity Production

In March1994 this table was revised to give gures

in terms of net generation for all countries. is

revision creates a discontinuity with electricity

series published in OET beforeMarch 1994; Japan:

public utilities only; Brazil: excludesindustry gen-

eration for ownuse; Venezuela: national grid only.

e data series for Pakistan in table 7d was sub-

stantially revised in September 2012 (Vol37 Issue

9).

Datafor Other Europe for the period October 2011

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

revised from Vol. 38 Iss 1.

Data forVenezuela was revised in September 2015,

creating a discontinuitywith the series before Jan-

uary 2013.

Table8: Pro duction from Reneries

From Vol. 37 Iss. 4 Aviation Fuel and Kerosene

appear as one colu mn.

Retrospective changes have be en made to gures

in this table previouslyusing formulas where new

data is available.

Australia: naphthaincluded in ‘Other’.

Germany includes GDR (East Ger many) from Jan-

uary 1991.

Japan: excludesminor products from 1990.

Tab le 9: R e n e r y Run s

Crude oil processed. Excludesunnished products

further processed.

Germany includes GDR (East Ger many) from Jan-

uary 1991.

Table10: World Demand

Includes international bunkers and renery fuel.

Germany includes GDR (East Ger many) from Jan-

uary 1991.

Slovenia and Estonia data included in Other

OECD Europe from January 2013. is table was

revised aer the identication of an error which

caused oil demand gures for R epublic of Korea to

be inated. e revision createsa discontinuity in

the series from December 2013 (Vol38 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: excludesrener y fuel andp etro-chemical

feedstocks.

Table13: Crude Oil Netback Values

Discontinued.

Table14.1: Spot Crude Oil Prices

ese are assessed or estimated prices and values

for the major types of crude oils traded on spot

markets.

Table14.3: Non-OPEC Crude Oil Sales Prices

ese are ocial sales prices (except as otherwise

noted) and are generally market-related, subject in

some cases to retroactiveadjustment.

Table15: Spot Rened Product Prices

Discontinued.

Table16: Oil and the Balance of Trade

As of January 2012 guresare reported in US dol-

lars. Value of Net Oil Imports is reporte d annually.

Table 17: Net Imports of Crude and Produc ts

Germany includes GDR (East Ger many) from Jan-

uary 1991. Spain: includes Canary Islands.

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

nia are included, data starting Jan2012.

Table19.1a: Principal Importers of Natural Gas

Eective 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

Austr ia and Qatar.

Table 20: Spot (Dirty) Tanker Fixtures and

Freight Rate s

Freight rates in %Ws are calculated from all dirty

spot xtures for which rates we re reported during

the month.

Table22:SpotFreightRates —byTankerSize

Average spot freight rates (ASFR): averages ofal l

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 Worldscalefor current year.

Table24: Currency E xchange Rates

All months: end of month gures .

Table 25: Oil Company Earnings and Share

Prices

Net earnings are aer pre-tax prots.

Table26: Industrial Production

e OECD Index referenceyear has changed from

2005 to 2010, eective from Volume38 Issue 11.

Table27: Car Production in S elected Countries

United States: factory sales of p assenger cars from

US plants.

e OECD Index referenceyear has changed from

2005 to 2010, eective from Volume38 Issue 11.

© 2018 John Wiley& Sons Ltd