TITLE

Section 11. International Petroleum

PUB. DATE
June 2005
SOURCE
Monthly Energy Review;Jun2005, p149
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article provides information on the level of global petroleum production in 2005. World crude oil production was recorded at 74 million barrels per day in March. The Organization of Petroleum Exporting Countries reached an average of 31 million barrels per day in the same month. Petroleum consumption among Economic Cooperation and Development nations totaled 51.5 million barrels per day in February.
ACCESSION #
21065962

 

Related Articles

  • OPEC: Much ado about nothing? Ford, Neil // Middle East;Nov2005, Issue 361, p34 

    This article reports that the Organization of Petroleum Exporting Countries (OPEC) has agreed to try to boost output by a massive 2m barrels a day. However, with little new refining capacity expected to become operational over the next year, there seems little to push barrel prices below the $60...

  • COOPERATION AMONG OIL EXPORTING COUNTRIES WITH SPECIAL REFERENCE TO ARAB COUNTRIES: A POLITICAL ECONOMY ANALYSIS. Mikdashi, Zuhayr // International Organization;Winter74, Vol. 28 Issue 1, p1 

    This article is an interpretation of economic and political forces affecting cooperation among oil exporting countries. The analysis focuses on the Organization of Petroleum Exporting Countries (OPEC), notably on its Arab and Middle East members. It reviews salient characteristics of the world...

  • What Oil Export Levels Should We Expect From OPEC? Gately, Dermot // Energy Journal;2007, Vol. 28 Issue 2, p151 

    We analyze the levels of oil exports that should be expected from OPEC over the next 25 years. We search for a long-term, market-adaptive, robustly optimal strategy that best serves OPEC's interests, and conclude that OPEC export profits will be higher if OPEC expands its oil exports by enough...

  • OIL MARKET OUTLOOK.  // Africa Monitor: Southern Africa;Apr2006, Vol. 11 Issue 4, p1 

    The article presents a forecast regarding the oil industry. The Organization of Petroleum Exporting Countries (OPEC) was predicted to maintain production at its March 2006 meeting because of light geopolitical risks to supply, combined with high demand. The OPEC basket price declined to...

  • Global Energy Market Outlook.  // France Oil & Gas Report;Q2 2012, Issue 2, p8 

    The article presents the global outlook for the energy market in from 2012 to 2017. It offers an overview of the Organization of Petroleum Exporting Countries (OPEC) supply, non-OPEC supply and short term and long term supply and demand. It states that the oil market will operate with a supply...

  • Global Oil Market Outlook.  // China Oil & Gas Report;Q2 2009, p15 

    The article offers an overview of the global oil market as of the second quarter of 2009. It forecasts that crude prices remain below US$50 per barrel for much of the year and then spending will fall and some companies may fail. It notes that oil over-supply will become a much bigger problem and...

  • Global Energy Market Outlook.  // Turkey Oil & Gas Report;Q2 2012, Issue 2, p8 

    The article offers an overview of global energy market. It states that the oil market would operate with a supply deficit in 2012, but the pressure may ease as production starts to catch up with demand. It mentions that this supply tightness has contributed to elevated oil prices and a high...

  • Oil Price Outlook.  // Turkey Oil & Gas Report;Q1 2009, p13 

    The article presents a price forecast of the oil and gas industry worldwide. In August 2008, the Organization of Petroleum Exporting Countries (OPEC) basket price averaged at US$112.41 per barrel (bbl), manifesting a decline of 14% compared to that of the July 2008 level while in September 2008,...

  • OPEC Imperium. Yergin, Daniel // New Republic;11/15/75, Vol. 173 Issue 20, p15 

    Focuses on the meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Australia. OPEC secretary general Chief Feyide's clarifications of misconceptions about the organization; OPEC nations' concern about the emerging estrangement between them and fourth World nations;...

Share

Read the Article

Other Topics