IEA confirms non-OPEC producers take bigger share of global market

12/24/2001
The International Energy Agency has confirmed that nations outside the Organization of Petroleum Exporting Countries have taken a larger share of the world oil market.IEA, based in Paris, also said oil inventories rose to their highest level in 2 years during October.IEA reported that while stocks usually fall in the fourth quarter as a result of increased heating oil use, they rose 220,000 b/d during October to 2.65 billion bbl in the 26 countries that are members of the Organization for Economic Cooperation and Development.IEA said stocks are now 4.7% higher than a year ago and that the major economies probably will get through the coming winter without having to face oil price rises."S...
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