17 Feb 2020 Forecasters including the International Energy Agency (IEA) have cut 2020 oil demand estimates because of the crude stockpiles fell by 11.8 million barrels in December, despite steady shipments by the world's biggest oil  22 Jan 2020 Oil futures fall on Wednesday to mark their lowest settlement in about seven weeks, with fears of an oversupply of IEA says increasing U.S. shale output will continue to blunt influence of other energy producers, including OPEC cubic feet in natural-gas stockpiles, which would be much less than the year-ago and five-year average weekly decline, according to S&P Global Platts.

Monthly data for RBOB with Ether, RBOB with Alcohol, and Reformulated GTAB Motor Gasoline Blending Components are discontinued as of the January 2010 reporting period. Beginning with data for January 2005 total crude oil and petroleum products stocks do not include lease stocks. China's mystery oil stockpiles could be a 'wildcard' for ... Sep 27, 2016 · The People's Republic – the world's second largest oil consumer, according to the International Energy Agency (IEA) – has been a major importer of oil in … Record oil stockpiles an 'unprecedented buffer': IEA Nov 13, 2015 · Record global oil stockpiles could offer an "unprecedented buffer" in times of geopolitical shock, the International Energy Agency (IEA) said on Friday, as it forecast demand growth would slow

10 May 2018 OECD Europe - There is currently no good source of weekly European inventory levels, and IEA data provides total figures 2-3 months delayed, so we will substitute Ursa European Oil Storage levels here. OECD Asia 

Global strategic petroleum reserves (GSPR) refer to crude oil inventories (or stockpiles) held by the government of a particular country, as well Some non- IEA countries have started work on their own strategic petroleum reserves. China has  hold oil stocks equivalent to at least 90 days of their prior year's daily net oil imports; in the event of a major oil disruption, contribute to IEA collective actions by way of a stock release, demand restraint, fuel switching, or increased  20 Jan 2020 OPEC's own research team sees that pact continuing to drain global stockpiles throughout 2020. By contrast, the IEA and EIA see inventory levels rising -- even if the deal gets implemented in full. And even if were to be  Attention is focused here on the IEA's emergency oil allocation program. Unlike the other disruption preparedness provisions of the agreement - for demand restraint and oil stockpiling - which involve nonspecific and uncoor- dinated actions by  8 Feb 2020 The weekly update on the number of crude oil inventories in the U.S. is one of the most important pieces of data regarding the oil market. Oil traders and analysts closely watch changes in inventory levels and use them in their 

Oil Slides to Seven-Month Low on High Inventories - WSJ

May 17, 2019 · Back to table of contents. ENERGY MARKETS IEA stands alone in seeing oil stockpiles grow in 2019 Published: Friday, May 17, 2019. The International Energy Agency is …

3 Jan 2020 As of November, the IEA gauged OECD commercial petroleum inventories at roughly 2.9 billion barrels, equivalent to the trailing 12-month average and enough to cover about 60 days of demand. Meanwhile, strategic 

Jan 20, 2020 · OPEC, IEA or EIA Completely Wrong in 2020 Oil Market Analysis. Somebody big has got their analysis of the 2020 oil market flat wrong. That’s the bottom line from a comparison of supply-and-demand forecasts provided by OPEC, the International Energy Agency in Paris, and the U.S. Energy Information Administration.

19 Sep 2019 Professor Hepburn also said the purpose of the IEA's 90 day fuel stock is to ensure there is a sufficient global stockpile for "a collective response in the event of a massive fuel disruption". "If you don't have 90 days of reserves, 

The IEA minimum stockholding obligation is based on the average daily net imports of the previous calendar year. This covers all petroleum, including both primary products 1 (such as crude oil and natural gas liquids [NGLs]) and refined products, with the exception of naphtha and volumes of oil used for international marine bunkers. Refined How much oil is being stockpiled around the world? No one ... Every month, the Paris-based International Energy Agency (IEA) and OPEC publish their best guess of the the total volumes of petroleum products held in storage by OECD¹ countries. The most recent estimates put OECD stockpiles somewhere in the neighbourhood of 5.7 billion barrels. To be more precise

Jul 15, 2019 · Global oil stockpiles swelled surprisingly in the first half of this year as production cuts by OPEC and its partners failed to prevent the return of a surplus, the International Energy Agency said. Oil drops to 7-month low, roiled by bearish ... - MarketWatch Jun 14, 2017 · Read:Blame gasoline for oil’s drop to the lowest level of the year Prices had already been trading lower in the wake of a report from the International Energy Agency which that … IEA: Oil markets managed, but beware of the weather - UPI.com Sep 13, 2017 · IEA: Oil markets managed, but beware of the weather About 4 percent of total U.S. refining capacity still closed because of the impact of Hurricane Harvey, which made landfall in late August. IEA cuts oil-demand forecast, but sees market tightening ... IEA cuts oil-demand forecast, but sees market tightening on Iran. Global oil demand will grow more slowly than previously thought following an economic lull in Asia, the International Energy Agency said, while warning that supplies stand to tighten due to U.S. sanctions on Iran.