International Petroleum Statistics Report, July 1994

The International Petroleum Statistics Report presents data on international oil production, demand, imports, exports, and stocks. The report has four sections. Section 1 contains time series data on world oil production, and on oil demand and stocks in the Organization for Economic Cooperation and Development (OECD). This section contains annual data beginning in 1985, and monthly data for the most recent two years. Section 2 presents an oil supply/demand balance for the world. This balance is presented in quarterly intervals for the most recent two years. Section 3 presents data on oil imports by OECD countries. This section contains annual data for the most recent year, quarterly data for the most recent two quarters, and monthly data for the most recent twelve months. Section 4 presents annual time series data on world oil production and oil stocks, demand, and trade in OECD countries. World oil production and OECD demand data are for the years 1970 through 1993; OECD stocks from 1973 through 1993; and OECD trade from 1983 through 1993. Data for the United States are developed by the Energy Information Administration`s (EIA) Office of Oil and Gas. Data for other countries are derived largely from published sources, including International Energy Agency publications, the EIA International Energy Annual, and the trade press. (See sources after each section.) All data are reviewed by the International Statistics Branch of EIA. All data have been converted to units of measurement familiar to the American public. Definitions of oil production and consumption are consistent with other EIA publications.