Since its inception in 1983, the ieas oil market report omr has become recognised as one of the worlds most authoritative and timely sources of data, forecasts and analysis on the global oil market including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for oecd and selected nonoecd countries. 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. South africa international us energy information administration. Such geopolitical risk factors are themselves a defining feature of the oil market for the medium term. Oil, refinery margins file direct access to the restricted omr data website from your webstore. Mediumterm oil demand outlook in the reference case. Impact of higher oil prices on food prices consumption and trade. Mediumterm oil market report 2015 analysis and key findings. This map is without prejudice to the status or sovereignty over any territory. The outlook for oil demand, supply and refining through 2020. The iea believes that the recent imbalances in the product market have had a significant knockon effect on oil market volatility and outright prices. International energy agency, mediumterm coal market report 2015, page 127.
Research economic summit 2015 for very useful comments and suggestions. At the same time a number of trends will support oil prices in the medium term. Mediumterm evolution of commodity prices, in real terms. Regional conflict coupled with falling oil prices and international sanctions have. Market report momr for october 2015, expected 2016 production from the us. This paper presents a simple macroeconomic model of the oil market. 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. Statistics report monthly oecd oil price statistics. Complements shortterm omr and longterm world energy outlook analysis.
While in the medium to longer term post2015, investment in coal and. This edition of the mediumterm oil market report sizes up the magnitude of. The terms countryeconomy as used in this report also refer, as appropriate, to territories or. Oil prices and the global economy international monetary fund. As in previous editions, this report also offers key projections of global refining capacity, crude trade flows and product supply, this year with special focus on the impact of changing bunker fuel legislation.
South africa has a large energyintensive coal mining industry. Find answers in our oil market update, a factbased and uptodate monthly report for anyone with a need for understanding the global shortand mediumterm oil market. At the oecd, the baseline projections and outlook report were prepared by. Mediumterm oil market report the wall street journal. This is set to create a mediumterm supply challenge because operators are reluctant to invest in large conventional field developments while oil prices are low. Kuwait international us energy information administration eia.
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