SPECIAL REPORT: Growth expected for global oil demand, production

01/15/2007
Worldwide demand for oil will climb 1.4 million b/d in 2007, following growth of just 900,000 b/d last year.Production will grow enough this year in countries outside the Organization of Petroleum Exporting Countries to enable OPEC producers to hold exports near 2006 levels.At its Dec. 14, 2006, meeting in Abuja, Nigeria, OPEC admitted Angola as the 12th member of the organization, effective Jan. 1, 2007. For figures in this article, Angola is considered non-OPEC.Global oil demandDemand by member countries of the Organization for Economic Cooperation and Development will post a small increase this year.OECD demand will average 49.6 million b/d vs. 49.4 million b/d last year, according to ...
read-story

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.

 

Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected