Explore analysis, reports, news and events about oil market report. These are just some of the questions addressed in the 2014 edition of the mediumterm oil market report mtomr, making the reports insights into the oil market for the next five years essential reading for energy industry and market stakeholders, policy makers and all those interested in energy and the broader economy. The supply reduction in global oil market was exacerbated in light of the ongoing opec deal as well. The result could be a sharp rise in oil prices that risks curtailing economic growth. However, the nature of the oil market has undergone several major changes over the four decades following the oil price shocks of the mid1970s. Iea oil market report 6 0 5 10 15 20 25 apr 11 aug 11 dec 11 apr 12 aug 12 dec 12 twh japan. Mediumterm oil market report 2016 linkedin slideshare. Iea oil market analysis the leading oil market report since 1983, with the latest data and outlook. The price of the licence depends on the number of users. Drop in the number of rigs drilling for oil and huge reductions in exploration and production capital expenditures have been reported as a result of current oil prices. Comparisons include short, and mediumterm liquid supply and demand. Opec and the iea respectively estimate 2015 world liquids demand. The low crude oil price environment and current market uncertainty surrounding its duration has had a significant effect on the oil.
Report to congress on international economic and exchange. However, this years oil supply prospects became less optimistic. Mediumterm oil market report the wall street journal. Oil demand growth 20152018 th kbd 2000 2500 grow yoy 1500 0 500500. Mediumterm oil market report 2016 summary global oil supply growth is plunging as an extended period of low prices takes its toll, the international energy agency said in its annual mediumterm oil market report. The opec monthly oil market report momr covers major issues affecting the world. Report is the calendar year from january to december 2015. The iea believes that the recent imbalances in the product market have had a significant knockon effect on oil market volatility and outright prices. The first six months were commented on in the interim report to 31 august 2014. The transition from the o cial price regime of that period, when the oil price was set by longterm contracts, to the current market. This investor report presents supplemental information to the respective interim or annual report of hapaglloyd ag for capital market participants.
This edition of the mediumterm oil market report sizes up the magnitude of. Business environment in oilnatural gas development. Oil market report dated 11 may 2007, a change on this scale would necessitate additional investment in upgrading capacity far above those that are currently forecast. Ieas medium term oil market report 2016 center for. This report covers developments in the first half of 2015, and where pertinent and available, data through early october 2015. Flagship report massive oil market challenge met by unprecedented cooperation. National bank of greece may 2015 sectoral report 2 however, 16 11 10 7 1 1 1 0 5 10 15 20 25 e n yl e uk a r per capita consumption of olive oil 1991 2014 source. With returns to the defined benefit plans and total return fund of 3. Please note that despite our best efforts to ensure quality control, errors have slipped into the mediumterm oil market report 2016 the tables in page 1 and page 116 have. The downturn in the mining and resources industry continued to impact the performance of the electrical division, and an expected improvement in the level of capital investment in major infrastructure projects did not eventuate. Cibc was the fifth largest canadian chartered bank in terms of market capitalization as of october 31, 2015. A more complete description of services provided by retail and business banking, wealth management and capital markets can be found in the 2015 ar on pages 1727.
It is not just oil price signals that have changed, but also the market s responsiveness to them. This annual report covers the year ended 28 february 2015. Overview of fiscal year 2015 it was a tepid and below average year. Figures based on may 2016 monthly oil market report. Progress and challenges continued the greatest coaltogas switching potential in china is in the beijing, tianjin, hebei and shandong provinces. For an example of this report, please see the archives section. Furthermore, lower resource rents reduced public and private consumption, reducing aggregate demand and thus further negatively affecting the. Update 4goldman slashes 2015 oil price forecast as glut. Higher oil prices by 2018 is likely to result in higher fsu and opec output. Costanza jacazio, senior gas expert in the gas, coal and power division at the international energy agency presented the report after which center director jason bordoff moderated a discussion featuring.
By contrast, oil fired generation would normally consume about 200 kbd under worst case scenario of no nuclear restart incremental oil needs could rise to 460 kbd versus normal nuclear profile source. After 2017, however, continued improvements in mining productivity are expected to help production of shale oil regain its early2015 peak by 2020 despite much lower prices than those in the 202014 period. Subscriptions run over 1 or 2 years a 10% discount is applied on 2year subscriptions, from date to date. The center on global energy policy hosted a presentation and discussion of the 2015 mediumterm gas market report. Key world energy statistics 2015 connaissance des energies. A statement by the executive director for the islamic republic of mauritania. In the 2016 edition of its medium term oil market report, the international energy agency analyses the key factors impacting the supply and demand for oil from today out to 2021. Mediumterm oil market report mtomr which examines key industry. Changes in the global oil market lancaster university. Sitemap data policy disclaimer terms and conditions warning. Demandside management is the pursuit of costeffective energy efficiency measures on the customer side, as well as various conservation measures, for leastcost overall energy system optimisation. However prices eventually evolve, markets may never be the same. The end of quantitative easing by the federal reserve, an oil market.
As most of the deployment is expected through energy auctions with fixed delivery dates, the extra growth. Lng imports made up 16%, the highest share in the last four years. Again, judgement has been exercised on realistic startup dates, mindful. Complements shortterm omr and longterm world energy outlook analysis. The opec and iea monthly reports, however, offered a diverging picture with opec remaining optimistic about 2018, while. Commercializing conventional and advanced liquid biofuels. It can also incorporate dynamic load response to realtime market signals or direct load control by utilities based on predetermined criteria. Using data from the ieas recently released mediumterm oil market report, halff says that growth in refining capacity between 2012 and 2018 will far exceed that of crude oil capacity and oil product demand. Cyprus virgin olive oil market invaluable analysis. January 28, 2015 consideration of the staff report that concluded the article iv consultation with the islamic republic of mauritania. The publicly available opec numbers are for crude oil only. The exposition compares estimates for world liquids fuel demand and supply through the three time frames, along with their main regional and sectorial drivers. Enterprise agency, norway ministry of petroleum and energy, poland.
On the whole growing tendency of world oil supply is observed in spite of the oil price collapse in 2014. After a slight pick up in 2014, world economic growth softened once more in 2015, reaching a. The structure and mechanism of oil and natural gas exploration and development. In the 2016 edition of its mediumterm oil market report, the international energy agency analyses the key factors impacting the supply and demand for oil from today out to 2021. While in the medium to longer term post2015, investment in coal and. Both the iea and opec december 2016 shortterm oil market reports account for. The medium to longterm vision of inpex and investment plans. Iea oil market report december 2016 peak oil barrel. This edition of the mediumterm oil market report sizes up the magnitude of this transformation so far and sketches the oil landscape at the 2020 horizon. Persistent oversupply coupled with increasing signs of slowing pace of growth in a the chinese economy exerted pressure on the oil market. Real nonoil gdp growth is projected to slow in 2015 and 2016, and pick up to 4 percent in the medium term, supported by government investment in infrastructure and private investment.
The market share of north african pipeline supplies decreased yearonyear from 12% to 7% as high oilindexed prices provided an incentive to italy and spain to reduce imports and replace it with cheaper lng. It is not just oil price signals that have changed, but also the markets responsiveness to them. Ieas recently released medium term oil market report. By harshal barot oil prices witnessed big swings last week as the initial selloff reversed after the unexpected outage at the forties pipeline. Halfyearly financial report january 1 to june 30, 2015. The intended audience for this report includes caewdp donors, regional stakeholders, the world bank and any other parties interested in energy and water security in central asia.