Oil | Supply and Demand | Energy | Thomson Reuters Eikon                                27-Apr-2020 21:37

Supply and Demand

World Oil Supply and Demand
Actuals
(mbpd) 2007 2008 2009 2010 2011 2012 2013
OECD Demand
Canada 2.28 2.23 2.16 2.28 2.31 2.35 2.46
Europe 15.48 15.40 14.70 14.67 14.24 13.78 13.61
Japan 5.04 4.80 4.39 4.43 4.45 4.70 4.51
Other OECD 5.52 5.45 6.08 6.11 6.18 6.28 6.27

U.S. (50 States) 20.69 19.50 18.77 19.18 18.88 18.49 18.97
U.S. Territories 0.30 0.29 0.27 0.29 0.27 0.28 0.28
Total OECD 49.30 47.66 46.37 46.96 46.33 45.88 46.09
As % of
World
Demand 57.45 55.70 54.70 53.76 52.00 50.79 49.93
Non-OECD Demand
China 7.53 7.95 8.54 9.33 9.51 10.18 11.09
Europe 0.77 0.75 0.67 0.66 0.67 0.66 0.67
Former Soviet
Union 4.09 4.22 4.11 4.13 4.64 4.62 4.60
Other Asia 9.09 9.34 9.85 10.45 10.98 11.33 11.56
Other Non-
OECD 15.02 15.66 15.24 15.82 16.97 17.69 18.29
Total Non-
OECD 36.51 37.91 38.41 40.39 42.77 44.45 46.22
As % of
World
Demand 42.55 44.30 45.30 46.24 48.00 49.21 50.07

Total World
Demand 85.81 85.57 84.77 87.35 89.10 90.33 92.31
OECD Supply
Canada 3.45 3.35 3.32 3.44 3.60 3.86 4.07
Mexico 3.50 3.19 3.00 2.98 2.96 2.94 2.92
North Sea 4.54 4.30 4.08 3.73 3.37 3.07 2.86
Other OECD 1.55 1.62 1.57 1.64 1.60 1.59 4.38

U.S. (50 States) 8.46 8.56 9.13 9.70 10.12 11.10 12.36
Total OECD 21.49 21.02 21.10 21.48 21.64 22.55 23.73

As % of
World Supply 25.42 24.62 25.01 24.58 24.45 24.94 26.00
Non-OECD Supply
China 3.93 3.99 3.99 4.35 4.39 4.46 4.89
Former Soviet
Union 12.62 12.54 12.89 13.22 13.49 13.60 13.77
Other Non-
OECD 12.15 12.32 12.49 13.07 12.99 12.37 11.99
 Total OPEC
Supply 34.37 35.48 33.87 35.26 36.03 37.45 36.90
Total Non-
OECD 63.06 64.33 63.24 65.90 66.89 67.88 67.54

As % of
World Supply 74.58 75.38 74.98 75.42 75.55 75.06 74.00

Total World
Supply 84.55 85.35 84.34 87.38 88.54 90.43 91.27
OPEC Supply
OPEC Crude Oil
Portion 30.05 31.27 29.10 29.76 30.02 31.11 30.44
OPEC Non-
Crude Liquids 4.32 4.21 4.78 5.50 6.00 6.34 6.46
Total OPEC 34.37 35.48 33.87 35.26 36.03 37.45 36.90

As % of
World Supply 40.65 41.57 40.16 40.36 40.69 41.41 40.42

OECD, US, FSU, China Supply and Demand

Actuals
(mbpd) 2007 2008 2009 2010 2011 2012 2013
OECD
Total Demand 49.30 47.66 46.37 46.96 46.33 45.88 46.09
Total Supply 21.49 21.02 21.10 21.48 21.64 22.55 23.73
Net deficit /
surplus -27.81 -26.64 -25.27 -25.49 -24.69 -23.33 -22.36
U.S. (50 States)
Total Demand 20.69 19.50 18.77 19.18 18.88 18.49 18.97
Total Supply 8.46 8.56 9.13 9.70 10.12 11.10 12.36
Net deficit /
surplus -12.23 -10.93 -9.64 -9.48 -8.77 -7.40 -6.60
Former Soviet Union
Total Demand 4.09 4.22 4.11 4.13 4.64 4.62 4.60
Total Supply 12.62 12.54 12.89 13.22 13.49 13.60 13.77
Net deficit /
surplus 8.52 8.33 8.79 9.08 8.85 8.99 9.17
China
Total Demand 7.53 7.95 8.54 9.33 9.51 10.18 11.09
Total Supply 3.93 3.99 3.99 4.35 4.39 4.46 4.89
Net deficit /
surplus -3.61 -3.96 -4.54 -4.98 -5.12 -5.72 -6.20
2014 2015 2016 2017 2018 2019 2020 2021

2.39 2.46 2.49 2.42 2.45 2.50 2.32 2.49

13.53 13.87 14.04 14.38 14.27 14.11 13.03 13.87
4.27 4.15 4.01 3.93 3.82 3.68 3.27 3.37
6.20 6.32 6.53 6.60 6.50 6.50 6.08 6.36

19.10 19.53 19.69 19.95 20.50 20.46 19.13 20.40

0.15 0.15 0.15 0.10 0.10 0.12 0.12 0.15
45.63 46.49 46.91 47.39 47.64 47.36 43.94 46.63

48.61 48.60 48.48 48.00 47.65 47.01 46.01 45.74

11.64 12.52 13.04 13.57 14.02 14.52 13.66 15.36

0.67 0.69 0.73 0.76 0.76 0.77 0.78 0.79

4.85 4.74 4.63 4.79 4.92 5.00 4.85 5.15

11.76 11.97 12.64 13.19 13.61 13.88 13.45 14.61

19.33 19.24 18.81 19.02 19.02 19.21 18.82 19.40

48.25 49.17 49.85 51.33 52.33 53.39 51.56 55.32

51.39 51.40 51.52 52.00 52.35 52.99 53.99 54.26

93.88 95.65 96.76 98.72 99.97 100.75 95.50 101.95

4.39 4.51 4.60 4.96 5.38 5.50 5.41 5.54

2.82 2.62 2.48 2.25 2.08 1.92 1.83 1.79
2.90 3.06 3.15 3.10 2.96
4.74 4.88 4.96 4.79 4.78 4.72 5.00 5.08

14.12 15.15 14.84 15.65 17.95 19.45 18.95 18.67

26.07 27.16 26.88 27.66 30.20 31.59 31.19 31.08

27.70 27.97 27.55 28.20 29.95 31.41 31.38 31.02

5.01 5.18 4.90 4.78 4.77 4.89 4.84 4.86

13.90 14.11 14.24 14.34 14.60 14.64 14.68 14.61

11.96 14.24 14.66 14.49 14.47 14.79 14.97 15.32

 37.19 36.41 36.91 36.83 36.78 34.65 33.71 34.32

68.07 69.94 70.70 70.45 70.62 68.98 68.20 69.11

72.30 72.03 72.46 71.81 70.05 68.59 68.61 68.98

94.14 97.09 97.57 98.10 100.82 100.57 99.40 100.19

30.70 31.22 31.66 31.54 31.44 29.28 28.65 29.27

6.49 5.19 5.25 5.30 5.34 5.38 5.06 5.05

37.19 36.41 36.91 36.83 36.78 34.65 33.71 34.32

39.51 37.50 37.83 37.55 36.48 34.46 33.92 34.25

2014 2015 2016 2017 2018 2019 2020 2021

45.63 46.49 46.91 47.39 47.64 47.36 43.94 46.63

26.07 27.16 26.88 27.66 30.20 31.59 31.19 31.08

-19.56 -19.33 -20.03 -19.73 -17.44 -15.78 -12.75 -15.56

19.10 19.53 19.69 19.95 20.50 20.46 19.13 20.40

14.12 15.15 14.84 15.65 17.95 19.45 18.95 18.67

-4.98 -4.39 -4.85 -4.30 -2.55 -1.01 -0.17 -1.72

4.85 4.74 4.63 4.79 4.92 5.00 4.85 5.15

13.90 14.11 14.24 14.34 14.60 14.64 14.68 14.61

9.05 9.37 9.61 9.55 9.67 9.64 9.83 9.46

11.64 12.52 13.04 13.57 14.02 14.52 13.66 15.36

5.01 5.18 4.90 4.78 4.77 4.89 4.84 4.86

-6.62 -7.34 -8.14 -8.79 -9.25 -9.62 -8.82 -10.50