Oil Demand and Stocks

• DOI: http://doi.org/10.1111/oet.8_12655
• Published date: 01 March 2020
• Date: 01 March 2020

OIL AND ENERGY TRENDS, MARCH 2020

OIL AND ENERGY TRENDS, MARCH 2020

OIL DEMAND

Table 10.1 Oil Demand: World Summary

(thousand barrels per day)

Regional Summary

World

Of which OECD Summary

W Hem Europe Mid East Africa Asia/Pac CIS/FSU Total EU-15 OECD-30 W Hem Europe Asia/Pac Canada Mexico USA

1995 24,825 15,360 3,350 2,053 17,542 4,060 67,191 12,806 43,702 20,712 14,554 8,437 1,552 1,435 17,725

2014 29,478 14,144 8,267 4,009 29,072 5,060 90,031 11,042 42,854 22,735 13,429 6,689 2,145 1,709 18,881

2015 29,851 14,481 8,121 4,092 29,894 5,070 91,508 11,191 43,468 23,165 13,720 6,582 2,132 1,705 19,329

2016 29,790 14,707 8,063 4,182 31,046 5,380 93,167 11,285 43,751 23,220 13,931 6,600 2,114 1,648 19,459

2017 29,967 15,001 8,336 4,322 32,096 5,520 95,243 11,437 44,159 23,393 14,220 6,546 2,160 1,580 19,653

2018 30,491 15,222 8,230 4,324 32,918 5,520 96,706 11,462 44,891 23,955 14,415 6,520 2,142 1,481 20,332

2017 Oct 30,253 15,472 8,344 4,322 31,634 5,520 95,544 11,738 44,419 23,628 14,691 6,100 2,248 1,563 19,817

Nov 30,362 15,403 8,354 4,322 31,793 5,520 95,753 11,615 44,622 23,745 14,622 6,255 2,306 1,581 19,858

Dec 30,314 15,285 8,344 4,322 32,024 5,520 95,810 11,480 44,686 23,692 14,505 6,489 2,222 1,593 19,877

2018 Jan 30,622 15,756 8,163 4,331 32,790 5,520 97,182 11,863 45,485 24,158 14,949 6,378 2,228 1,469 20,461

Feb 30,299 15,397 8,233 4,331 32,783 5,520 96,562 11,444 44,799 23,837 14,590 6,372 2,266 1,509 20,062

Mar 30,642 15,380 8,233 4,331 33,229 5,520 97,335 11,593 45,519 24,126 14,573 6,820 2,336 1,552 20,238

Apr 30,200 14,982 8,233 4,321 33,542 5,520 96,798 11,292 45,084 23,769 14,175 7,140 2,134 1,471 20,164

May 30,331 14,206 8,233 4,321 33,232 5,520 95,842 10,729 44,043 23,811 13,399 6,834 2,057 1,551 20,203

Jun 30,430 15,524 8,243 4,321 33,676 5,520 97,714 11,979 45,906 23,908 14,717 7,281 2,081 1,541 20,286

Jul 30,421 15,183 8,233 4,321 33,068 5,520 96,746 11,492 44,888 23,828 14,376 6,684 1,980 1,513 20,335

Aug 30,503 15,040 8,233 4,321 32,611 5,520 96,228 11,405 44,323 23,865 14,233 6,225 1,898 1,508 20,459

Sep 30,632 14,861 8,243 4,321 32,481 5,520 96,057 11,204 44,161 24,013 14,054 6,094 2,165 1,445 20,403

Oct 30,507 15,277 8,233 4,321 32,182 5,520 96,039 11,484 44,203 23,944 14,470 5,789 2,096 1,407 20,441

Nov 30,690 15,587 8,253 4,321 32,602 5,520 96,973 11,546 45,129 24,146 14,781 6,202 2,246 1,419 20,481

Dec 30,617 15,475 8,233 4,331 32,821 5,520 96,996 11,516 45,150 24,056 14,668 6,426 2,222 1,381 20,453

2019 Jan 30,439 15,366 7,860 4,220 31,659 5,520 95,063 11,553 44,975 24,042 14,566 6,367 2,259 1,331 20,452

Feb 30,521 15,422 7,810 4,230 31,695 5,520 95,198 11,681 45,155 24,137 14,622 6,397 2,404 1,404 20,329

Mar 30,376 15,045 7,800 4,230 31,929 5,520 94,900 11,422 44,866 23,991 14,245 6,630 2,301 1,404 20,286

Apr 30,113 14,506 7,930 4,270 32,641 5,520 94,980 11,051 44,334 23,681 13,706 6,948 2,036 1,402 20,243

May 30,037 14,640 7,980 4,270 32,283 5,520 94,730 11,261 44,035 23,609 13,840 6,586 1,971 1,392 20,246

Jun 30,132 14,975 7,980 4,270 32,699 5,520 95,576 11,434 44,871 23,692 14,175 7,004 2,008 1,379 20,305

Jul 30,202 14,645 8,500 4,430 33,903 5,520 97,201 11,038 43,932 23,554 13,825 6,553 1,779 1,406 20,369

Aug 30,432 15,144 8,610 4,430 33,596 5,520 97,731 11,423 44,333 23,765 14,324 6,244 1,927 1,380 20,458

Sep 30,384 14,743 8,620 4,430 33,293 5,520 96,990 11,115 43,555 23,690 13,923 5,942 1,938 1,320 20,432

Oct 30,464 14,909 8,380 4,360 32,429 5,520 96,062 11,245 43,754 23,855 14,099 5,800 2,109 1,280 20,466

North America

0

20

40

60

80

100

120

million barrels per day

2017-2019

World Oil Demand

Total

OECD-30

0

5

10

15

20

25

30

million barrels per day

2017-2019

OECD Oil Demand

W Hem

Europe

Asia/Pac

0

5

10

15

20

25

30

35

40

million barrels per day

2017-2019

Oil Demand: by Region

W Hem

Europe

Mid East

Africa

Asia/Pac

CIS/FSU

OIL DEMAND 27