International Petroleum Supply, Demand and Stocks
EIA Estimate

January 1997 - September 2018
Click on Graph for larger image
Supply
Stocks
OPEC Crude Oil Production & Spare Capacity
Petroleum Consumption
Consumption (million b/d)
Monthly
Annual

Sep-2018 Aug-2018 Sep-2017 Change % Change Change % Change
OECD 47.54 47.96 47.29 -0.42 -0.9% 0.25 0.5%
U.S. (50 States) 20.17 20.73 19.64 -0.56 -2.7% 0.53 2.7%
U.S. Territories 0.09 0.11 0.07 -0.02 -18.2% 0.02 28.6%
Canada 2.46 2.50 2.50 -0.04 -1.6% -0.04 -1.6%
Europe 14.86 14.39 14.96 0.47 3.3% -0.10 -0.7%
Japan 3.51 3.61 3.62 -0.10 -2.8% -0.11 -3.0%
Other OECD 6.44 6.62 6.49 -0.18 -2.7% -0.05 -0.8%
Non-OECD 53.12 52.58 52.32 0.54 1.0% 0.80 1.5%
Eurasia 5.01 5.20 4.90 -0.19 -3.7% 0.11 2.2%
Europe 0.76 0.76 0.74 0.00 0.0% 0.02 2.7%
China 14.08 13.35 14.01 0.73 5.5% 0.07 0.5%
India 4.86 4.67 4.47 0.19 4.1% 0.39 8.7%
Other Asia 8.62 8.73 8.65 -0.11 -1.3% -0.03 -0.3%
Other Non-OECD 19.78 19.87 19.55 -0.09 -0.5% 0.23 1.2%
Total World Consumption 100.66 100.54 99.61 0.12 0.1% 1.05 1.1%



Petroleum Supply
World Petroleum Production (million b/d)
Monthly
Annual

Sep-2018 Aug-2018 Sep-2017 Change % Change Change % Change
OECD 30.04 29.41 26.86 0.63 2.1% 3.18 11.8%
U.S. (50 States) 18.16 18.18 15.61 -0.02 -0.1% 2.55 16.3%
Canada 5.12 4.73 4.93 0.39 8.2% 0.19 3.9%
Mexico 2.20 2.09 2.03 0.11 5.3% 0.17 8.4%
Other OECD 4.55 4.41 4.30 0.14 3.2% 0.25 5.8%
Non-OECD 71.30 70.81 71.11 0.49 0.7% 0.19 0.3%
OPEC 39.30 39.14 39.78 0.16 0.4% -0.48 -1.2%
Eurasia 14.78 14.47 14.23 0.31 2.1% 0.55 3.9%
China 4.76 4.79 4.73 -0.03 -0.6% 0.03 0.6%
Other Non-OECD 12.47 12.41 12.37 0.06 0.5% 0.10 0.8%
Total 101.34 100.22 97.97 1.12 1.1% 3.37 3.4%





Petroleum Stocks
OPEC Crude Oil Production



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James L. Williams
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