Lavrov says no plans to occupy Belarus on pretext of conducting military drillsRussian Politics & Diplomacy June 23, 15:11
St. Petersburg may apply for hosting Champions League finalSport June 23, 14:53
Pyongyang denies torturing US student who died after release from North KoreaWorld June 23, 14:45
Putin gives start to Turkish Stream pipeline segments jointingBusiness & Economy June 23, 14:33
Gazprom getting proposals on Turkish Stream gas pipeline extension in EuropeBusiness & Economy June 23, 14:21
Putin certain Akkuyu NPP in Turkey to be built on timeBusiness & Economy June 23, 14:18
Putin praises level of cooperation with TurkeyRussian Politics & Diplomacy June 23, 14:11
Russia and India sign military cooperation roadmapMilitary & Defense June 23, 13:43
Lavrov: Western campaign against Russia accompanied by pressure on Russians living abroadRussian Politics & Diplomacy June 23, 13:43
VIENNA, January 18. /TASS/. World oil demand is estimated to have increased by 1.54 mln barrels daily in 2015 to average 92.92 mln barrels per day, OPEC said on Monday in the Monthly Report.
In 2016, oil demand growth is expected to be around 1.26 mln barrels daily, marginally higher than in the previous report, to average 94.17 million barrels a day, OPEC says.
Non-OPEC oil supply growth in 2015 now stands at 1.23 mln barrels daily, following an upward revision of 0.23 mln barrels a day. The increase has been due to better-than-expected growth in the US, Canada, Russia and Norway, OPEC said. In 2016, non-OPEC oil supply is now projected to contract by 0.66 mln barrels a day, following a downward adjustment of 0.27 mln barrels/day, the Organization reports.
Demand for OPEC crude in 2015 is estimated at 29.9 mln barrels per day, an increase of 0.2 mln barrels daily over the 2014 level. In 2016, demand for OPEC crude is forecast at 31.6 mln barrels per day, some 1.7 mln barrels / day higher than the previous year, OPEC said.