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Thursday, July 19, 2018

FOURTH QUARTER WORLD OIL DEMAND ESTIMATED TO INCREASE 2 MBD OVER THIRD QUARTER

According to IEA Monthly July 11, fourth quarter 2000 world oil demand is estimated at 78.41 mbd up from 76.36 estimated for the third quarter.

The major part of this demand increase is expected to come from OECD Europe and OECD Asia Pacific.

An updated spreadsheet containing graphs, named oil supply and demand, is available on the INTERTANKO tanker market pages on our web’s members' area.