IEA Monthly oil market report covering up to December, 2010 has been published as of Jan 18, 2011
• Global oil product demand for 2010 and 2011 is revised up by an average of 320 kb/d on higher‐than‐expected submissions, reflecting buoyant global economic growth and cold northern hemisphere weather. Global oil demand, assessed at 87.7 mb/d in 2010 (+2.7 mb/d year‐on‐year), rises by 1.4 mb/d to 89.1 mb/d in 2011.
• Global oil supply fell by 0.3 mb/d to 88.1 mb/d in December, as non-OPEC output was reduced, on short‐lived outages. An Alaskan pipeline leak and a fire at a Canadian oil sands upgrader also cut January output. Overall, 2010 and 2011 non‐OPEC estimates are unchanged at 52.8 mb/d and 53.4 mb/d, respectively. OPEC NGLs contribute 5.3 mb/d in 2010 and 5.8 mb/d in 2011.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
netseer_tag_id = “2397”;
netseer_ad_width = “750”;
netseer_ad_height = “80”;
netseer_task = “ad”;
Featured articles
Ocean Floor Gold and Copper
Ocean Floor Mining Company
var MarketGidDate = new Date();
document.write(”);
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.