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INTERNATIONAL ENERGY AGENCY ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

TABLE 12.2

Monthly OECD Industry Closing Stock Levels¹ 2001-2002

(million barrels)

 

Jan 01

Feb 01

Mar 01

Apr 01

May 01

Jun 01

Jul 01

Aug 01

Sep 01

Oct 01

Nov 01

Dec 01

North America

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude

401.8

388.0

414.9

427.0

434.4

409.1

417.8

414.3

423.9

422.8

422.6

422.2

Gasoline

236.2

238.6

226.8

235.2

243.7

249.9

238.1

224.6

236.1

238.9

243.7

241.2

Middle Distillates

196.4

194.4

178.3

178.6

181.4

190.2

203.5

199.5

204.1

203.8

213.7

222.5

Heavy Fuel Oil

45.7

47.3

49.2

48.7

49.6

51.9

47.6

42.3

46.1

48.4

48.1

49.3

Total Products2

617.4

623.4

604.9

620.9

647.9

672.1

674.4

654.3

677.9

675.5

684.7

688.7

Total3

1148.7

1143.7

1159.0

1188.6

1227.5

1230.9

1245.1

1230.4

1269.3

1262.9

1268.3

1262.9

Europe

 

 

 

 

 

 

 

 

 

 

 

 

Crude

306.9

303.0

329.3

321.9

319.3

315.8

308.1

309.1

324.0

315.7

311.1

312.2

Gasoline

124.9

123.1

120.8

115.1

115.7

118.5

119.7

113.2

115.1

112.0

116.3

125.1

Middle Distillates

228.2

230.3

213.7

217.0

222.1

222.1

226.5

232.0

217.7

217.8

218.4

230.4

Heavy Fuel Oil

85.1

84.5

85.6

85.9

85.0

82.4

78.4

80.6

76.1

80.4

74.2

71.4

Total Products2

545.9

546.9

528.1

527.4

530.9

536.4

541.9

545.0

527.2

526.8

523.8

540.2

Total3

914.9

913.0

918.5

910.8

908.9

909.2

910.2

915.8

918.2

911.4

901.6

914.9

Pacific

 

 

 

 

 

 

 

 

 

 

 

 

Crude

166.1

175.8

182.0

180.8

178.2

182.7

175.8

177.5

173.9

185.6

176.9

176.0

Gasoline

24.8

25.1

26.0

26.5

26.6

26.1

25.8

25.9

25.9

25.4

24.6

22.3

Middle Distillates

73.1

68.2

65.7

75.2

70.7

72.8

78.5

82.6

86.6

94.1

90.4

76.2

Heavy Fuel Oil

24.1

26.4

25.1

23.5

23.4

24.3

23.7

24.5

24.5

25.2

24.6

23.2

Total Products2

189.4

181.6

183.3

194.0

192.1

194.2

200.7

208.6

211.0

218.9

216.0

188.0

Total3

437.3

438.2

447.1

460.6

454.1

457.1

456.9

467.1

473.4

494.4

477.4

443.3

OECD

 

 

 

 

 

 

 

 

 

 

 

 

Crude

874.7

866.7

926.1

929.7

932.0

907.6

901.7

900.9

921.9

924.2

910.6

910.4

Gasoline

385.9

386.8

373.6

376.8

386.0

394.4

383.6

363.7

377.0

376.2

384.6

388.6

Middle Distillates

497.7

492.9

457.7

470.8

474.3

485.1

508.5

514.1

508.4

515.8

522.4

529.1

Heavy Fuel Oil

155.0

158.2

160.0

158.2

158.0

158.6

149.7

147.5

146.7

154.0

146.9

143.9

Total Products2

1352.7

1351.9

1316.2

1342.3

1370.9

1402.7

1417.0

1407.8

1416.2

1421.2

1424.5

1416.9

Total3

2500.9

2494.9

2524.6

2560.0

2590.5

2597.1

2612.2

2613.3

2660.8

2668.7

2647.3

2621.1

 

Jan 02

Feb 02

Mar 02

Apr 02

May 02

Jun 02

Jul 02

Aug 02

Sep 02

Oct 02

Nov 02

Dec 02

North America

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crude

429.8

438.5

441.3

438.4

436.6

429.5

410.9

404.3

378.8

401.6

397.5

384.9

Gasoline

256.3

253.8

249.6

251.6

249.9

246.8

246.3

235.3

237.1

224.2

236.3

240.4

Middle Distillates

216.4

206.5

198.8

196.0

199.4

204.2

205.2

203.6

201.5

194.8

200.1

207.5

Heavy Fuel Oil

49.5

48.2

42.3

42.9

42.7

41.7

43.4

41.9

42.3

42.8

44.9

40.2

Total Products2

685.2

665.3

649.8

662.4

673.7

681.5

689.7

677.5

677.0

647.6

657.3

652.2

Total3

1263.7

1246.7

1235.3

1249.6

1261.0

1258.6

1257.0

1241.6

1216.1

1212.0

1210.8

1171.9

Europe

 

 

 

 

 

 

 

 

 

 

 

 

Crude

333.1

335.4

310.2

314.2

318.6

318.8

319.2

305.3

301.5

324.6

307.7

289.6

Gasoline

136.0

133.6

131.6

122.3

119.2

121.0

119.5

117.0

115.2

113.1

113.6

116.4

Middle Distillates

234.7

241.5

241.5

243.4

252.3

257.5

252.8

266.3

259.5

253.9

242.9

240.0

Heavy Fuel Oil

68.6

70.5

70.5

68.6

73.0

68.8

68.4

69.8

69.6

72.3

77.7

74.9

Total Products2

551.3

550.7

549.9

543.0

553.0

556.4

547.1

560.4

548.4

541.7

534.0

531.8

Total3

948.3

953.5

927.0

921.2

934.6

939.3

930.0

929.7

911.5

929.6

905.7

884.9

Pacific

 

 

 

 

 

 

 

 

 

 

 

 

Crude

166.0

158.6

176.5

162.8

156.4

173.6

169.8

175.8

165.4

164.5

159.7

161.1

Gasoline

25.7

25.8

26.6

26.9

27.5

26.3

25.4

25.6

24.2

24.3

24.4

23.6

Middle Distillates

78.0

75.3

67.8

68.3

74.1

75.0

80.0

86.1

82.5

80.3

73.1

65.1

Heavy Fuel Oil

22.8

23.4

22.3

23.0

23.9

24.9

23.7

25.0

22.3

22.7

22.2

22.0

Total Products2

191.2

184.8

184.3

184.5

192.0

194.1

194.3

203.1

198.9

197.6

189.3

177.9

Total3

436.8

420.5

435.5

424.9

428.9

446.6

444.3

456.1

439.6

435.7

422.7

410.1

OECD

 

 

 

 

 

 

 

 

 

 

 

 

Crude

928.9

932.5

928.0

915.3

911.5

921.9

899.9

885.4

845.7

890.8

864.8

835.6

Gasoline

417.9

413.2

407.7

400.9

396.6

394.1

391.2

377.9

376.4

361.6

374.3

380.4

Middle Distillates

529.1

523.3

508.1

507.7

525.8

536.7

537.9

556.1

543.5

529.0

516.0

512.6

Heavy Fuel Oil

140.9

142.1

135.1

134.5

139.6

135.4

135.5

136.7

134.2

137.7

144.8

137.2

Total Products2

1427.7

1400.7

1384.0

1389.9

1418.6

1431.9

1431.1

1441.0

1424.2

1386.9

1380.6

1361.8

Total3

2648.9

2620.7

2597.8

2595.7

2624.5

2644.5

2631.3

2627.3

2567.2

2577.3

2539.2

2466.9

1Stocks are primary national territory stocks on land (excluding utility stocks and including pipeline and entrepot stocks where known) and include stocks held by industry to meet IEA, EU and national emergency reserve commitments and are subject to government control in emergencies.

2Total products includes gasoline, middle distillates, fuel oil and other products.

3Total includes NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

11 AUGUST 2003

21

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition) INTERNATIONAL ENERGY AGENCY

TABLE 13.1

Quarterly OECD North America Industry Stock Changes¹ 1993-2002

(million barrels per day)

 

Crude

Other Oils2

Motor Gasoline

Middle Distillates Residual Fuel Oil

Other Products

Total Products

Total Oil

 

 

 

 

 

 

 

 

 

1Q93

0.17

0.09

0.21

-0.55

-0.03

0.00

-0.37

-0.11

2Q93

0.21

0.18

-0.13

0.21

0.08

0.33

0.48

0.87

3Q93

-0.36

0.18

-0.15

0.24

-0.03

0.13

0.19

0.01

4Q93

0.19

-0.38

0.20

0.05

0.00

-0.35

-0.10

-0.30

1993

0.05

0.02

0.03

-0.01

0.00

0.03

0.05

0.12

1Q94

0.10

0.04

-0.12

-0.52

-0.04

-0.24

-0.92

-0.77

2Q94

-0.14

0.13

-0.04

0.28

-0.02

0.29

0.51

0.50

3Q94

0.10

0.19

-0.09

0.40

0.06

0.08

0.44

0.74

4Q94

0.01

-0.27

0.13

0.06

-0.02

-0.22

-0.06

-0.31

1994

0.02

0.02

-0.03

0.06

-0.01

-0.02

0.00

0.04

1Q95

0.01

-0.04

0.01

-0.46

-0.03

-0.05

-0.53

-0.56

2Q95

0.12

0.11

-0.11

-0.03

-0.02

0.23

0.07

0.31

3Q95

-0.43

0.06

-0.06

0.23

0.05

0.11

0.32

-0.05

4Q95

-0.13

-0.28

0.03

-0.05

-0.05

-0.33

-0.40

-0.82

1995

-0.11

-0.04

-0.03

-0.08

-0.01

-0.01

-0.13

-0.28

1Q96

-0.01

-0.05

0.07

-0.57

-0.05

-0.23

-0.78

-0.84

2Q96

0.12

0.15

-0.06

0.20

0.04

0.24

0.42

0.70

3Q96

-0.04

0.06

-0.05

0.24

0.02

0.11

0.32

0.34

4Q96

-0.24

-0.14

-0.07

0.11

0.07

-0.26

-0.14

-0.53

1996

-0.04

0.01

-0.03

0.00

0.02

-0.03

-0.04

-0.08

1Q97

0.38

0.06

0.08

-0.34

-0.04

-0.03

-0.33

0.11

2Q97

0.00

0.06

0.02

0.21

-0.02

0.37

0.58

0.64

3Q97

-0.14

0.12

-0.06

0.30

-0.06

0.13

0.30

0.28

4Q97

0.11

-0.19

0.14

0.01

0.08

-0.37

-0.14

-0.22

1997

0.08

0.01

0.04

0.05

-0.01

0.02

0.10

0.20

1Q98

0.30

0.05

0.12

-0.19

0.00

0.04

-0.02

0.33

2Q98

-0.03

0.14

0.01

0.14

-0.02

0.41

0.54

0.64

3Q98

-0.20

0.11

-0.15

0.22

0.01

0.14

0.22

0.12

4Q98

0.05

-0.21

0.10

0.03

0.05

-0.33

-0.15

-0.31

1998

0.03

0.02

0.02

0.05

0.01

0.06

0.15

0.20

1Q99

0.33

-0.02

0.04

-0.42

-0.07

-0.11

-0.55

-0.24

2Q99

-0.09

0.06

-0.06

0.11

0.03

0.18

0.25

0.22

3Q99

-0.31

0.01

-0.11

0.16

0.00

-0.03

0.03

-0.27

4Q99

-0.28

-0.20

-0.14

-0.32

-0.08

-0.37

-0.92

-1.40

1999

-0.09

-0.04

-0.07

-0.12

-0.03

-0.08

-0.30

-0.43

1Q00

0.15

-0.05

0.13

-0.35

0.02

-0.11

-0.31

-0.21

2Q00

-0.03

0.11

0.03

0.14

0.01

0.36

0.54

0.63

3Q00

0.00

0.07

-0.14

0.08

0.00

0.15

0.09

0.16

4Q00

0.04

-0.16

0.02

0.08

-0.01

-0.34

-0.25

-0.37

2000

0.04

-0.01

0.01

-0.01

0.01

0.02

0.02

0.05

1Q01

0.23

0.03

0.01

-0.18

0.04

0.01

-0.11

0.15

2Q01

-0.06

0.11

0.25

0.13

0.03

0.33

0.74

0.79

3Q01

0.16

0.19

-0.15

0.15

-0.06

0.13

0.06

0.42

4Q01

-0.02

-0.17

0.06

0.20

0.04

-0.17

0.12

-0.07

2001

0.08

0.04

0.04

0.08

0.01

0.07

0.20

0.32

1Q02

0.21

-0.09

0.09

-0.26

-0.08

-0.18

-0.43

-0.31

2Q02

-0.13

0.04

-0.03

0.06

-0.01

0.33

0.35

0.26

3Q02

-0.55

0.14

-0.11

-0.03

0.01

0.08

-0.05

-0.46

4Q02

0.07

-0.28

0.04

0.06

-0.02

-0.35

-0.27

-0.48

2002

-0.10

-0.05

0.00

-0.04

-0.02

-0.03

-0.10

-0.25

1Stock changes are closing stocks minus opening stocks.

2Other Oils include NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

22

11 AUGUST 2003

INTERNATIONAL ENERGY AGENCY

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

TABLE 13.2

Quarterly OECD Europe Industry Stock Changes ¹ 1993-2002

(million barrels per day)

 

Crude

Other Oils2

Motor Gasoline

Middle Distillates Residual Fuel Oil

Other Products

Total Products

Total Oil

 

 

 

 

 

 

 

 

 

1Q93

0.09

0.01

0.11

-0.35

0.05

-0.04

-0.23

-0.13

2Q93

-0.12

0.02

-0.12

0.17

0.06

-0.02

0.09

-0.01

3Q93

-0.08

-0.05

0.01

0.23

0.00

0.06

0.29

0.16

4Q93

0.06

-0.01

0.10

-0.17

-0.08

-0.01

-0.16

-0.12

1993

-0.01

-0.01

0.03

-0.03

0.00

0.00

0.00

-0.02

1Q94

-0.11

-0.02

0.06

-0.15

-0.06

-0.10

-0.24

-0.37

2Q94

0.23

0.01

-0.09

0.25

0.01

0.05

0.21

0.46

3Q94

-0.08

0.02

-0.11

0.21

0.05

0.04

0.19

0.12

4Q94

0.00

-0.05

0.10

0.01

-0.08

0.04

0.06

0.01

1994

0.01

-0.01

-0.01

0.08

-0.02

0.01

0.06

0.05

1Q95

-0.32

0.00

0.08

-0.43

0.02

-0.04

-0.37

-0.69

2Q95

0.12

0.08

-0.07

0.11

0.06

-0.01

0.09

0.29

3Q95

-0.05

-0.05

-0.04

0.30

0.08

0.05

0.39

0.28

4Q95

0.18

0.00

0.06

-0.31

-0.05

0.00

-0.30

-0.12

1995

-0.02

0.01

0.01

-0.08

0.03

0.00

-0.05

-0.06

1Q96

-0.02

-0.04

0.02

-0.38

-0.22

-0.01

-0.58

-0.65

2Q96

0.12

0.08

-0.11

0.19

0.07

-0.04

0.11

0.31

3Q96

-0.08

0.00

-0.05

-0.03

0.04

-0.03

-0.06

-0.14

4Q96

0.01

0.08

0.01

0.15

-0.01

0.08

0.23

0.32

1996

0.01

0.03

-0.03

-0.02

-0.03

0.00

-0.07

-0.04

1Q97

0.14

-0.03

0.11

0.11

-0.03

-0.04

0.15

0.26

2Q97

-0.15

-0.06

-0.12

-0.11

-0.05

0.01

-0.26

-0.47

3Q97

-0.05

0.01

-0.07

0.14

0.03

0.04

0.13

0.09

4Q97

0.18

0.04

0.09

0.05

-0.06

0.00

0.08

0.30

1997

0.03

-0.01

0.00

0.05

-0.03

0.00

0.03

0.05

1Q98

-0.02

0.01

0.16

-0.05

-0.06

-0.01

0.03

0.02

2Q98

0.36

0.00

-0.09

0.24

0.07

0.04

0.26

0.62

3Q98

-0.11

0.01

-0.06

0.18

0.03

-0.04

0.11

0.01

4Q98

-0.07

-0.03

0.08

-0.10

-0.03

0.04

-0.02

-0.12

1998

0.04

0.00

0.02

0.07

0.00

0.01

0.10

0.13

1Q99

0.28

-0.03

0.06

-0.37

-0.07

-0.03

-0.42

-0.17

2Q99

-0.19

0.03

-0.14

0.41

-0.06

-0.04

0.18

0.02

3Q99

-0.12

-0.05

-0.03

0.02

0.07

0.05

0.11

-0.06

4Q99

-0.19

0.04

0.01

-0.52

0.00

-0.02

-0.52

-0.67

1999

-0.06

0.00

-0.02

-0.12

-0.01

-0.01

-0.16

-0.22

1Q00

0.24

0.03

-0.02

-0.07

-0.04

0.05

-0.08

0.19

2Q00

0.05

0.01

-0.09

0.02

-0.04

0.02

-0.08

-0.02

3Q00

-0.12

0.01

0.03

0.11

0.02

0.05

0.21

0.10

4Q00

0.00

-0.01

-0.02

0.07

0.09

0.08

0.23

0.22

2000

0.04

0.01

-0.02

0.03

0.01

0.05

0.07

0.12

1Q01

0.18

-0.04

0.00

-0.24

0.00

-0.03

-0.27

-0.13

2Q01

-0.15

-0.04

-0.02

0.09

-0.04

0.06

0.09

-0.10

3Q01

0.09

0.11

-0.04

-0.05

-0.07

0.05

-0.10

0.10

4Q01

-0.13

-0.05

0.11

0.14

-0.05

-0.06

0.14

-0.04

2001

0.00

-0.01

0.01

-0.01

-0.04

0.01

-0.03

-0.04

1Q02

-0.02

0.05

0.07

0.12

-0.01

-0.08

0.11

0.13

2Q02

0.09

-0.03

-0.12

0.18

-0.02

0.03

0.07

0.14

3Q02

-0.19

-0.03

-0.06

0.02

0.01

-0.05

-0.09

-0.30

4Q02

-0.13

0.02

0.01

-0.21

0.06

-0.04

-0.18

-0.29

2002

-0.06

0.00

-0.02

0.03

0.01

-0.04

-0.02

-0.08

1Stock changes are closing stocks minus opening stocks.

2Other Oils include NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

11 AUGUST 2003

23

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

INTERNATIONAL ENERGY AGENCY

TABLE 13.3

Quarterly OECD Pacific Industry Stock Changes ¹ 1993-2002

(million barrels per day)

 

Crude

Other Oils2

Motor Gasoline

Middle Distillates Residual Fuel Oil

Other Products

Total Products

Total Oil

 

 

 

 

 

 

 

 

 

1Q93

0.06

0.00

0.03

-0.18

0.00

-0.01

-0.16

-0.11

2Q93

0.13

-0.05

0.00

0.14

0.01

0.00

0.15

0.23

3Q93

0.05

0.12

0.01

0.24

0.04

0.05

0.34

0.51

4Q93

-0.25

-0.08

-0.02

-0.15

-0.06

-0.07

-0.31

-0.63

1993

0.00

0.00

0.00

0.01

0.00

-0.01

0.01

0.00

1Q94

0.06

-0.02

0.01

-0.25

-0.02

-0.02

-0.27

-0.24

2Q94

0.17

-0.02

0.00

0.21

-0.01

0.11

0.31

0.46

3Q94

-0.20

0.04

-0.01

0.28

0.05

0.03

0.35

0.20

4Q94

0.10

-0.01

-0.01

-0.18

0.00

-0.09

-0.28

-0.19

1994

0.03

0.00

0.00

0.01

0.01

0.01

0.03

0.06

1Q95

-0.08

0.05

0.03

-0.19

0.01

0.02

-0.13

-0.16

2Q95

0.45

-0.03

0.00

0.07

0.01

-0.03

0.06

0.48

3Q95

-0.27

0.01

0.00

0.19

-0.01

0.10

0.27

0.01

4Q95

-0.13

-0.13

-0.01

-0.17

-0.05

-0.07

-0.29

-0.56

1995

-0.01

-0.03

0.00

-0.02

-0.01

0.00

-0.02

-0.06

1Q96

0.11

0.02

0.01

-0.18

0.03

-0.06

-0.20

-0.07

2Q96

-0.01

0.03

0.00

0.09

0.02

0.06

0.17

0.20

3Q96

-0.15

0.15

0.00

0.34

-0.02

0.05

0.37

0.36

4Q96

0.32

-0.13

-0.01

-0.07

-0.02

-0.03

-0.13

0.06

1996

0.07

0.02

0.00

0.04

0.00

0.00

0.05

0.14

1Q97

0.00

0.07

0.04

-0.15

0.05

-0.03

-0.09

-0.01

2Q97

0.05

0.01

0.02

0.04

0.01

0.00

0.06

0.13

3Q97

-0.12

0.02

-0.04

0.21

0.00

0.10

0.27

0.18

4Q97

0.04

0.00

-0.02

-0.10

-0.02

-0.03

-0.17

-0.13

1997

-0.01

0.03

0.00

0.00

0.01

0.01

0.02

0.04

1Q98

-0.08

-0.03

0.02

-0.26

-0.02

-0.08

-0.33

-0.45

2Q98

0.16

-0.04

0.01

0.06

-0.01

0.02

0.08

0.21

3Q98

-0.14

0.03

0.00

0.20

0.00

0.07

0.27

0.16

4Q98

-0.04

-0.10

-0.04

-0.11

0.00

-0.06

-0.22

-0.35

1998

-0.02

-0.04

0.00

-0.02

-0.01

-0.01

-0.05

-0.11

1Q99

-0.06

0.01

0.05

-0.20

-0.01

-0.06

-0.21

-0.26

2Q99

0.07

-0.01

0.01

0.10

0.00

0.02

0.12

0.19

3Q99

-0.01

-0.01

-0.03

0.15

0.01

0.08

0.21

0.18

4Q99

-0.15

-0.04

0.00

-0.02

-0.02

-0.05

-0.09

-0.28

1999

-0.04

-0.01

0.01

0.01

-0.01

0.00

0.01

-0.04

1Q00

-0.02

0.01

0.02

-0.25

0.01

-0.08

-0.30

-0.31

2Q00

0.17

0.03

-0.01

0.14

0.00

0.07

0.20

0.40

3Q00

-0.19

0.02

0.00

0.13

0.02

0.10

0.25

0.08

4Q00

0.04

0.00

-0.02

0.01

-0.01

0.00

-0.01

0.03

2000

0.00

0.01

0.00

0.01

0.01

0.02

0.03

0.05

1Q01

0.11

0.02

0.03

-0.20

0.02

-0.06

-0.21

-0.08

2Q01

0.01

-0.02

0.00

0.08

-0.01

0.05

0.12

0.11

3Q01

-0.10

0.09

0.00

0.15

0.00

0.03

0.18

0.18

4Q01

0.02

-0.10

-0.04

-0.11

-0.02

-0.08

-0.25

-0.33

2001

0.01

0.00

0.00

-0.02

0.00

-0.01

-0.04

-0.03

1Q02

0.01

-0.05

0.05

-0.09

-0.01

0.01

-0.04

-0.09

2Q02

-0.03

0.05

0.00

0.08

0.03

0.00

0.11

0.12

3Q02

-0.09

-0.04

-0.02

0.08

-0.03

0.02

0.05

-0.08

4Q02

-0.05

-0.05

-0.01

-0.19

0.00

-0.03

-0.23

-0.32

2002

-0.04

-0.02

0.00

-0.03

0.00

0.00

-0.03

-0.09

1Stock changes are closing stocks minus opening stocks.

2Other Oils include NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

24

11 AUGUST 2003

INTERNATIONAL ENERGY AGENCY

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

TABLE 13.4

Quarterly OECD Industry Stock Changes ¹ 1993-2002

(million barrels per day)

 

Crude

Other Oils2

Motor Gasoline

Middle Distillates Residual Fuel Oil

Other Products

Total Products

Total Oil

 

 

 

 

 

 

 

 

 

1Q93

0.32

0.09

0.35

-1.08

0.02

-0.05

-0.76

-0.35

2Q93

0.22

0.15

-0.25

0.51

0.15

0.32

0.73

1.09

3Q93

-0.39

0.26

-0.14

0.71

0.01

0.24

0.82

0.69

4Q93

0.00

-0.47

0.29

-0.28

-0.15

-0.43

-0.57

-1.04

1993

0.04

0.00

0.06

-0.03

0.01

0.02

0.06

0.10

1Q94

0.05

0.00

-0.04

-0.92

-0.12

-0.36

-1.43

-1.38

2Q94

0.26

0.12

-0.13

0.74

-0.03

0.45

1.03

1.41

3Q94

-0.18

0.25

-0.20

0.88

0.16

0.14

0.98

1.05

4Q94

0.11

-0.32

0.22

-0.12

-0.10

-0.28

-0.28

-0.49

1994

0.06

0.01

-0.04

0.15

-0.02

-0.01

0.08

0.15

1Q95

-0.39

0.02

0.12

-1.09

-0.01

-0.07

-1.04

-1.41

2Q95

0.70

0.16

-0.18

0.15

0.06

0.18

0.21

1.07

3Q95

-0.76

0.02

-0.11

0.72

0.12

0.26

0.98

0.24

4Q95

-0.08

-0.41

0.08

-0.53

-0.14

-0.41

-1.00

-1.49

1995

-0.13

-0.06

-0.02

-0.18

0.01

-0.01

-0.21

-0.40

1Q96

0.08

-0.07

0.10

-1.12

-0.24

-0.30

-1.57

-1.56

2Q96

0.24

0.26

-0.17

0.48

0.13

0.27

0.71

1.21

3Q96

-0.27

0.21

-0.11

0.55

0.05

0.13

0.62

0.56

4Q96

0.09

-0.19

-0.07

0.19

0.05

-0.21

-0.04

-0.14

1996

0.03

0.05

-0.06

0.03

0.00

-0.03

-0.07

0.02

1Q97

0.53

0.10

0.24

-0.38

-0.02

-0.10

-0.27

0.36

2Q97

-0.10

0.01

-0.09

0.15

-0.06

0.39

0.39

0.30

3Q97

-0.31

0.15

-0.18

0.65

-0.04

0.27

0.71

0.55

4Q97

0.33

-0.15

0.21

-0.04

0.01

-0.41

-0.23

-0.05

1997

0.11

0.03

0.05

0.10

-0.03

0.04

0.15

0.29

1Q98

0.20

0.03

0.30

-0.49

-0.08

-0.05

-0.32

-0.09

2Q98

0.49

0.11

-0.07

0.44

0.04

0.47

0.88

1.47

3Q98

-0.45

0.15

-0.21

0.61

0.04

0.17

0.60

0.30

4Q98

-0.06

-0.34

0.15

-0.19

0.02

-0.36

-0.38

-0.78

1998

0.04

-0.02

0.04

0.09

0.01

0.06

0.20

0.22

1Q99

0.55

-0.04

0.16

-0.99

-0.15

-0.20

-1.18

-0.68

2Q99

-0.20

0.08

-0.19

0.61

-0.03

0.16

0.55

0.43

3Q99

-0.45

-0.05

-0.17

0.33

0.07

0.11

0.34

-0.15

4Q99

-0.62

-0.20

-0.13

-0.86

-0.10

-0.44

-1.53

-2.35

1999

-0.18

-0.05

-0.08

-0.22

-0.05

-0.09

-0.45

-0.69

1Q00

0.36

-0.01

0.13

-0.67

-0.02

-0.14

-0.69

-0.34

2Q00

0.18

0.16

-0.07

0.30

-0.03

0.45

0.66

1.01

3Q00

-0.31

0.10

-0.11

0.31

0.05

0.30

0.55

0.34

4Q00

0.08

-0.17

-0.02

0.17

0.08

-0.25

-0.03

-0.13

2000

0.08

0.02

-0.02

0.03

0.02

0.09

0.12

0.22

1Q01

0.52

0.01

0.04

-0.62

0.06

-0.07

-0.59

-0.06

2Q01

-0.20

0.05

0.23

0.30

-0.02

0.43

0.95

0.80

3Q01

0.15

0.39

-0.19

0.25

-0.13

0.21

0.15

0.69

4Q01

-0.12

-0.31

0.13

0.23

-0.03

-0.31

0.01

-0.43

2001

0.09

0.03

0.05

0.04

-0.03

0.07

0.13

0.25

1Q02

0.20

-0.09

0.21

-0.23

-0.10

-0.25

-0.37

-0.26

2Q02

-0.07

0.05

-0.15

0.31

0.00

0.36

0.53

0.51

3Q02

-0.83

0.07

-0.19

0.07

-0.01

0.05

-0.08

-0.84

4Q02

-0.11

-0.30

0.04

-0.34

0.03

-0.42

-0.68

-1.09

2002

-0.20

-0.07

-0.02

-0.05

-0.02

-0.06

-0.15

-0.42

1Stock changes are closing stocks minus opening stocks.

2Other Oils include NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

11 AUGUST 2003

25

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

INTERNATIONAL ENERGY AGENCY

TABLE 14.1

Total Stocks in OECD Regions¹ 1983-2002

 

 

Million Barrels

 

 

Days of Forward Demand2

 

 

 

 

 

 

 

 

 

 

Closing Stocks

Industry

Organisation3

Government

Total

Industry

Organisation3

Government

Total

 

 

 

 

 

 

 

 

 

North America

 

 

 

 

 

 

 

 

1983

1188.2

0.0

379.6

1567.9

60.7

0.0

19.4

80.1

1984

1216.2

0.0

450.9

1667.1

63.8

0.0

23.6

87.4

1985

1075.4

0.0

533.3

1608.7

55.4

0.0

27.5

82.9

1986

1167.8

0.0

511.0

1678.7

58.8

0.0

25.7

84.5

1987

1168.3

0.0

540.1

1708.4

55.7

0.0

25.7

81.4

1988

1132.6

0.0

559.0

1691.5

53.1

0.0

26.2

79.4

1989

1084.5

0.0

577.5

1662.0

52.1

0.0

27.7

79.8

1990

1141.3

0.0

583.3

1724.6

56.6

0.0

28.9

85.5

1990

1250.9

0.0

585.7

1836.6

61.8

0.0

29.1

90.9

1991

1256.8

0.0

568.5

1825.3

60.9

0.0

27.5

88.4

1992

1212.1

0.0

574.7

1786.8

58.2

0.0

27.6

85.8

1993

1256.3

0.0

587.1

1843.4

57.7

0.0

27.0

84.7

1994

1270.5

0.0

591.7

1862.1

58.7

0.0

27.3

86.0

1995

1167.6

0.0

591.6

1759.2

52.2

0.0

26.4

78.6

1996

1138.5

0.0

565.8

1704.3

51.2

0.0

25.4

76.6

1997

1211.2

0.0

563.4

1774.6

53.6

0.0

24.9

78.5

1998

1282.7

0.0

571.4

1854.1

54.5

0.0

24.3

78.8

1999

1126.8

0.0

567.2

1694.1

47.7

0.0

24.0

71.7

2000

1145.6

0.0

542.7

1688.3

47.1

0.0

22.3

69.4

2001

1262.9

0.0

552.2

1815.1

52.8

0.0

23.1

75.9

2002

1171.9

0.0

601.1

1773.0

47.7

0.0

24.5

72.2

 

 

 

 

 

 

 

 

 

Europe4

 

 

 

 

 

 

 

 

1983

991.7

119.9

101.0

1212.7

74.0

9.0

7.5

90.5

1984

973.1

117.9

102.2

1193.3

70.7

8.6

7.4

86.7

1985

939.7

117.8

90.9

1148.4

70.0

8.8

6.8

85.5

1986

967.8

135.2

83.2

1186.3

70.1

9.8

6.0

85.9

1987

986.7

159.3

74.8

1220.8

73.6

11.9

5.6

91.1

1988

944.1

180.6

69.4

1194.1

69.3

13.3

5.1

87.7

1989

960.3

184.7

66.1

1211.1

69.5

13.4

4.8

87.6

1990

967.5

201.7

67.9

1237.1

68.0

14.2

4.8

86.9

1990

912.3

201.7

67.9

1181.9

64.8

14.2

4.8

83.8

1991

905.8

213.3

66.3

1185.4

62.0

14.6

4.5

81.1

1992

921.0

231.6

66.2

1218.8

64.8

16.3

4.7

85.7

1993

918.8

229.8

66.2

1214.8

64.1

16.0

4.6

84.8

1994

938.8

233.9

66.2

1238.9

63.6

15.9

4.5

84.0

1995

914.5

234.3

73.2

1221.9

60.6

15.5

4.9

81.0

1996

899.0

257.0

73.3

1229.3

60.6

17.3

5.0

82.9

1997

911.8

272.0

56.7

1240.5

59.2

17.7

3.7

80.5

1998

962.6

310.4

52.0

1325.0

60.7

19.6

3.3

83.5

1999

881.5

302.3

43.8

1227.6

58.1

19.9

2.9

80.8

2000

930.2

329.9

24.5

1284.7

61.2

21.7

1.6

84.5

2001

914.9

328.4

24.9

1268.2

60.4

21.7

1.6

83.8

2002

884.9

327.6

24.7

1237.2

58.3

21.6

1.6

81.5

1Stocks are on land primary stocks. They include stocks held by industry to meet IEA, EU and national emergency commitments and are subject to government control in emergencies. From 1 January

1991 onwards (unlike earlier years) they are on a national territory rather than an ownership basis; they exclude power station stocks and include pipeline and entrepot stocks, where known. Stocks at end of 1990 are shown on both bases.

2Note that days of forward demand represent the stock level divided by the forward quarter average daily demand for petroleum products.

3Stock holding organisations established in some European countries to hold mandatory stocks.

4In 1995, break in series between Industry and Organisation stocks is due to reclassification of Spanish stocks.

26

11 AUGUST 2003

INTERNATIONAL ENERGY AGENCY

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

TABLE 14.2

Total Stocks in OECD Regions¹ 1983-2002

 

 

Million Barrels1

 

 

Days of Forward Demand2

 

 

 

 

 

 

 

 

 

 

Closing Stocks

Industry

Organisation3

Government

Total

Industry

Organisation3

Government

Total

 

 

 

 

 

 

 

 

 

Pacific4

 

 

 

 

 

 

 

 

1983

447.3

0.0

87.1

534.4

67.0

0.0

13.1

80.1

1984

431.8

0.0

110.7

542.6

68.5

0.0

17.6

86.1

1985

425.1

0.0

129.6

554.7

67.0

0.0

20.4

87.4

1986

432.4

0.0

146.3

578.8

67.5

0.0

22.9

90.4

1987

448.2

0.0

161.0

609.2

65.2

0.0

23.4

88.7

1988

416.2

0.0

184.2

600.4

57.6

0.0

25.5

83.1

1989

451.8

0.0

200.5

652.3

58.6

0.0

26.0

84.6

1990

454.5

0.0

208.0

662.6

56.4

0.0

25.8

82.2

1990

432.0

0.0

249.1

681.2

53.7

0.0

25.8

79.6

1991

432.6

0.0

263.8

696.4

51.2

0.0

31.2

82.3

1992

428.6

0.0

277.9

706.6

48.4

0.0

31.4

79.9

1993

428.7

0.0

298.3

727.1

47.0

0.0

32.7

79.8

1994

450.1

0.0

318.1

768.3

47.3

0.0

33.4

80.7

1995

429.3

0.0

342.1

771.4

43.9

0.0

35.0

78.9

1996

476.1

0.0

346.0

822.2

48.4

0.0

35.2

83.6

1997

491.8

0.0

361.8

853.6

53.6

0.0

39.4

93.0

1998

452.7

0.0

368.6

821.3

47.8

0.0

38.9

86.7

1999

437.5

0.0

370.5

807.9

46.8

0.0

39.6

86.4

2000

454.4

0.0

370.4

824.8

48.4

0.0

39.4

87.8

2001

443.3

0.0

379.7

823.0

49.0

0.0

41.9

90.9

2002

410.1

0.0

389.2

799.3

42.7

0.0

40.5

83.2

 

 

 

 

 

 

 

 

 

Total4

 

 

 

 

 

 

 

 

1983

2627.2

119.9

567.8

3315.0

66.3

3.0

14.3

83.6

1984

2621.1

117.9

663.9

3402.9

67.0

3.0

17.0

86.9

1985

2440.1

117.8

753.9

3311.8

62.3

3.0

19.2

84.5

1986

2568.0

135.2

740.5

3443.8

64.1

3.4

18.5

85.9

1987

2603.2

159.3

775.9

3538.4

63.1

3.9

18.8

85.8

1988

2492.9

180.6

812.6

3486.0

59.1

4.3

19.3

82.7

1989

2496.5

184.7

844.2

3525.4

59.0

4.4

19.9

83.3

1990

2563.3

201.7

859.3

3624.3

60.4

4.8

20.2

85.3

1990

2595.2

201.7

902.8

3699.7

61.3

4.8

20.3

86.3

1991

2595.2

213.3

898.6

3707.1

59.4

4.9

20.6

84.8

1992

2561.7

231.6

918.9

3712.1

58.4

5.3

20.9

84.6

1993

2603.9

229.8

951.6

3785.3

57.6

5.1

21.0

83.7

1994

2659.4

233.9

976.0

3869.2

57.9

5.1

21.3

84.2

1995

2511.4

234.3

1006.9

3752.5

53.2

5.0

21.3

79.4

1996

2513.6

257.0

985.2

3755.7

53.6

5.5

21.0

80.1

1997

2614.8

272.0

981.9

3868.7

55.4

5.8

20.8

82.0

1998

2698.0

310.4

992.0

4000.4

55.2

6.4

20.3

81.9

1999

2445.7

302.3

981.5

3729.6

50.8

6.3

20.4

77.5

2000

2530.2

329.9

937.6

3797.7

51.7

6.7

19.2

77.6

2001

2621.1

328.4

956.9

3906.4

54.5

6.8

19.9

81.2

2002

2466.9

327.6

1014.9

3809.5

50.0

6.6

20.6

77.2

1Stocks are on land primary stocks. They include stocks held by industry to meet IEA, EU and national emergency commitments and are subject to government control in emergencies. From 1 January 1991 onwards (unlike earlier years) they are on a national territory rather than an ownership basis; they exclude power station stocks and include pipeline and entrepot stocks, where known.

Stocks at end of 1990 are shown on both bases.

2Note that days of forward demand represent the stock level divided by the forward quarter average daily demand for petroleum products.

3Stock holding organisations established in some European countries to hold mandatory stocks.

4Previously confidential Korean government stocks are now included in the aggregate OECD Pacific as of January 1991.

11 AUGUST 2003

27

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

INTERNATIONAL ENERGY AGENCY

TABLE 15.1

Industry Stocks by Category in OECD Regions¹ 1983-2002

 

 

 

Million Barrels

 

 

 

Days2

 

 

 

 

Motor

Middle

Residual

Other

 

Motor

Middle

Residual

Closing Stocks

Crude Oil

Gasoline

Distillates

Fuel Oil

Products3

Crude Oil

Gasoline

Distillates

Fuel Oil

 

 

 

 

 

 

 

 

 

 

North America

 

 

 

 

 

 

 

 

 

1983

311.2

226.2

209.0

143.1

147.5

21.7

31.5

40.0

58.0

1984

309.8

242.8

247.5

137.7

152.2

21.9

33.3

46.0

69.1

1985

253.2

223.2

213.6

123.4

125.4

16.3

30.4

39.5

59.7

1986

306.6

229.2

235.0

115.5

154.9

20.1

30.3

43.3

54.9

1987

322.5

229.0

217.1

116.1

150.3

20.3

29.0

37.4

50.8

1988

304.2

228.7

196.8

113.7

152.8

18.5

28.2

34.7

47.5

1989

311.4

217.5

173.4

105.6

140.0

18.7

26.8

31.2

47.9

1990

299.1

218.0

212.1

132.4

147.4

19.2

27.5

39.4

69.9

1990

413.2

256.2

223.0

59.8

162.4

25.5

32.1

41.6

33.1

1991

410.4

252.5

230.9

61.3

162.4

26.1

31.2

42.3

31.2

1992

402.4

246.2

217.7

52.2

156.6

25.4

30.1

38.4

29.4

1993

421.6

257.5

214.2

53.1

167.2

25.9

30.7

35.6

26.8

1994

428.2

247.4

234.8

50.7

158.2

25.5

28.7

38.9

31.1

1995

388.2

234.9

207.0

46.5

153.6

23.2

27.1

32.6

28.2

1996

372.5

224.2

206.1

53.6

142.2

22.2

25.7

32.7

33.8

1997

403.0

240.2

223.1

50.2

150.7

23.1

26.8

35.2

30.4

1998

413.0

247.6

241.1

54.5

174.1

23.6

27.1

36.7

31.8

1999

379.7

222.9

198.9

43.1

143.3

22.8

24.0

30.1

28.4

2000

393.9

225.7

194.8

45.2

149.4

21.9

23.7

27.1

25.9

2001

422.2

241.2

222.5

49.3

175.7

24.2

24.8

34.2

34.0

2002

384.9

240.4

207.5

40.2

164.1

22.0

24.4

29.6

27.2

 

 

 

 

 

 

 

 

 

 

Europe

 

 

 

 

 

 

 

 

 

1983

306.7

126.0

254.3

162.4

121.7

27.4

52.2

48.0

52.5

1984

264.7

124.5

261.4

166.3

110.9

24.3

52.5

47.5

49.4

1985

267.6

122.1

243.9

157.8

89.4

25.0

49.9

42.8

57.5

1986

265.3

130.4

256.7

169.1

85.1

23.0

51.6

44.9

59.1

1987

270.7

126.2

257.5

183.3

91.2

24.5

46.7

46.8

75.2

1988

250.6

127.8

237.4

173.1

89.3

21.1

45.6

44.4

66.8

1989

248.3

132.4

250.5

173.4

89.7

20.2

46.4

45.3

69.5

1990

285.4

126.5

240.2

166.6

82.0

22.9

45.0

40.5

66.8

1990

277.3

134.4

239.7

112.2

81.7

23.7

47.6

40.3

44.8

1991

265.3

133.8

243.9

115.4

88.8

21.2

46.1

40.7

43.7

1992

303.4

130.4

239.3

103.9

85.6

23.8

45.8

40.9

42.6

1993

298.7

141.4

228.8

106.6

87.6

22.9

49.4

38.4

44.8

1994

301.6

137.8

257.3

99.2

90.4

22.9

48.3

41.9

41.4

1995

293.4

140.0

229.6

106.4

89.9

21.9

49.5

35.5

43.4

1996

294.5

128.3

223.3

96.4

90.7

21.6

45.2

35.6

42.1

1997

304.9

127.4

239.4

86.7

91.7

22.1

44.8

36.1

37.5

1998

318.9

135.7

265.0

87.6

95.1

22.5

47.6

37.6

36.4

1999

298.1

127.2

222.3

83.0

91.8

22.2

46.8

33.2

39.1

2000

313.1

120.7

235.3

85.9

110.5

22.5

45.3

33.8

42.5

2001

312.2

125.1

230.4

71.4

113.3

23.4

48.0

34.2

31.1

2002

289.6

116.4

240.0

74.9

100.4

21.8

46.8

34.0

36.8

1Stocks are on land primary stocks. They include stocks held by industry to meet IEA, EU and national emergency commitments and are subject to government control in emergencies. From 1 January

1991 onwards (unlike earlier years) they are on a national territory rather than an ownership basis; they exclude power station stocks and include pipeline and entrepot stocks, where known. Stocks at end of 1990 are shown on both bases.

2Note that days of forward demand for petroleum products represent the stock level divided by the forward quarter average daily demand. Days of Crude oil stocks are based on refinery throughputs for the next month.

3"Other Products" category includes other refined petroleum products. This category does not include NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

28

11 AUGUST 2003

INTERNATIONAL ENERGY AGENCY

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

TABLE 15.2

Industry Stocks by Category in OECD Regions¹ 1983-2002

 

 

 

Million Barrels

 

 

 

Days2

 

 

 

 

Motor

Middle

Residual

Other

 

Motor

Middle

Residual

Closing Stocks

Crude Oil

Gasoline

Distillates

Fuel Oil

Products3

Crude Oil

Gasoline

Distillates

Fuel Oil

 

 

 

 

 

 

 

 

 

 

Pacific

 

 

 

 

 

 

 

 

 

1983

213.0

19.3

65.6

32.7

41.9

43.6

21.0

30.2

20.1

1984

192.8

19.4

70.3

31.3

46.1

41.5

22.5

33.7

22.1

1985

197.9

17.0

63.1

25.3

52.4

40.8

19.3

28.8

20.9

1986

213.4

18.2

63.5

21.9

50.8

46.6

20.4

28.3

18.4

1987

211.9

19.7

63.0

23.2

57.5

45.0

21.2

25.7

19.1

1988

181.0

19.2

62.3

22.8

52.8

35.7

19.8

24.1

17.4

1989

187.0

22.5

76.5

23.9

57.4

36.7

21.8

27.3

17.5

1990

169.4

24.1

91.8

22.5

64.7

29.7

23.7

31.2

16.5

1990

169.4

19.5

81.3

22.2

59.7

29.3

19.2

27.6

16.2

1991

182.2

19.5

72.1

24.5

59.0

28.5

18.5

23.5

16.8

1992

163.9

19.7

70.7

25.6

66.1

24.8

18.0

22.1

16.5

1993

163.0

21.1

74.6

25.2

63.2

24.1

18.3

21.8

16.4

1994

174.8

21.2

80.0

27.3

65.4

25.2

17.9

22.2

17.7

1995

171.7

22.6

71.4

24.3

67.3

23.4

18.2

18.7

16.2

1996

196.8

22.7

86.9

22.6

64.9

24.2

18.2

23.3

15.6

1997

194.7

22.5

87.0

26.2

69.1

24.8

17.8

25.8

19.7

1998

186.1

21.9

77.9

23.9

63.7

23.8

16.6

21.8

18.6

1999

172.8

24.8

80.7

20.9

63.5

22.5

18.7

22.7

16.9

2000

172.1

23.6

83.6

23.5

71.4

21.3

17.2

23.3

18.8

2001

176.0

22.3

76.2

23.2

66.3

23.4

15.8

22.2

20.3

2002

161.1

23.6

65.1

22.0

67.2

21.3

16.7

18.1

16.9

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

1983

831.0

371.5

528.9

338.3

311.0

27.3

35.4

41.7

47.0

1984

767.3

386.8

579.2

335.3

309.2

25.9

36.7

44.7

49.5

1985

718.8

362.4

520.5

306.5

267.3

23.1

34.0

39.1

50.9

1986

785.2

377.8

555.2

306.4

290.8

25.0

34.4

41.4

49.8

1987

805.1

374.9

537.5

322.7

299.0

25.4

32.5

39.0

54.3

1988

735.8

375.6

496.5

309.6

294.9

22.0

31.6

36.5

49.2

1989

746.7

372.4

500.3

302.9

287.1

21.9

31.0

36.0

49.9

1990

753.9

368.6

544.1

321.5

294.1

22.3

31.3

38.2

55.9

1990

859.9

410.1

544.0

194.2

303.9

25.5

34.7

38.2

34.2

1991

857.8

405.8

546.9

201.2

310.3

24.8

33.7

37.7

33.2

1992

869.6

396.3

527.7

181.7

308.3

24.7

32.7

35.9

31.5

1993

883.2

420.0

517.5

184.9

318.0

24.4

33.9

33.6

31.3

1994

904.7

406.4

572.1

177.2

314.0

24.5

32.1

36.3

31.8

1995

853.3

397.5

507.9

177.2

310.8

22.8

31.2

30.5

31.6

1996

863.8

375.2

516.3

172.7

297.8

22.4

29.3

31.7

32.4

1997

902.6

390.2

549.4

163.0

311.5

23.1

29.9

33.6

30.8

1998

918.0

405.2

584.0

166.0

332.9

23.3

30.5

34.0

30.7

1999

850.7

375.0

501.9

147.0

298.5

22.5

28.1

29.8

30.2

2000

879.1

370.0

513.7

154.6

331.4

22.0

27.3

29.0

30.8

2001

910.4

388.6

529.1

143.9

355.2

23.7

28.3

31.8

29.4

2002

835.6

380.4

512.6

137.2

331.6

21.8

27.7

29.0

28.5

1Stocks are on land primary stocks. They include stocks held by industry to meet IEA, EU and national emergency commitments and are subject to government control in emergencies. From 1 January

1991 onwards (unlike earlier years) they are on a national territory rather than an ownership basis; they exclude power station stocks and include pipeline and entrepot stocks, where known. Stocks at end of 1990 are shown on both bases.

2Note that days of forward demand for petroleum products represent the stock level divided by the forward quarter average daily demand. Days of Crude oil stocks are based on refinery throughputs for the next month.

3"Other Products" category includes other refined petroleum products. This category does not include NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons.

11 AUGUST 2003

29

ANNUAL STATISTICAL SUPPLEMENT FOR 2002 (2003 Edition)

INTERNATIONAL ENERGY AGENCY

TABLE 16.1

Spot Crude and Product Prices 1991-2002

($/bbl)

 

1991

1992

1993

1994

1995

1996

1997

1998

1999

2000

2001

2002

1Q02

2Q02

3Q02

4Q02

CRUDE OIL PRICES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Brent (Dated)

20.00

19.32

16.97

15.82

17.02

20.67

19.09

12.72

17.97

28.50

24.44

25.02

21.09

25.07

26.91

26.81

WTI (1st month adjusted)

21.54

20.57

18.45

17.21

18.42

22.16

20.61

14.39

19.31

30.37

25.93

26.16

21.55

26.30

28.30

28.29

Urals (Dated del. Med.)

19.00

18.10

15.37

15.24

16.61

20.07

18.31

11.79

17.30

26.63

22.97

23.73

19.72

23.60

25.81

25.55

Dubai (1st month adjusted)

16.56

17.21

14.90

14.76

16.09

18.56

18.13

12.16

17.30

26.24

22.80

23.85

20.10

24.39

25.54

25.16

Tapis (Dated)

21.16

20.78

18.83

17.16

18.28

22.01

20.92

13.77

18.99

29.85

25.32

25.72

21.29

25.63

27.29

28.33

PRODUCT PRICES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rotterdam, Barges FOB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Premium Unleaded

..

25.31

21.74

19.76

20.77

24.16

24.04

17.55

21.94

36.00

29.86

29.09

23.00

30.05

32.06

31.05

Unleaded

26.58

23.76

20.65

18.66

19.74

22.96

23.00

16.53

20.86

34.41

28.83

28.57

22.64

29.51

31.44

30.50

Naphtha

23.23

20.56

18.05

16.96

17.79

21.25

20.97

14.33

18.34

29.09

23.69

24.23

20.57

23.80

25.95

26.45

Jet/Kerosene

28.00

24.87

23.27

20.89

21.53

27.01

24.53

17.09

22.04

36.98

30.82

29.24

24.58

28.46

31.27

32.45

Gasoil .2 %

26.97

23.75

22.25

19.81

20.46

25.92

23.40

16.17

20.12

34.38

29.16

27.81

23.09

26.80

29.85

31.26

LSFO 1%

14.48

14.54

13.72

14.28

16.04

17.86

15.78

11.96

15.05

23.74

19.52

21.81

16.69

20.40

23.19

26.70

HSFO 3.5%

12.19

12.85

10.13

12.94

14.70

16.20

14.52

10.12

14.37

21.42

17.79

20.65

16.87

21.22

23.14

21.22

Mediterranean - Cargoes FOB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Premium .15 g/l

27.82

25.15

22.30

20.25

21.00

24.55

24.25

17.86

22.82

37.14

30.43

29.21

23.48

30.28

32.13

30.78

Premium Unleaded

..

..

.. 19.69 20.67 24.17 23.78 17.34 22.23 36.43 29.70 28.49

22.77

29.56

31.41

30.06

Naphtha

22.49

19.81

17.16

15.76

16.41

19.86

20.12

13.56

17.76

28.16

22.47

23.51

19.91

23.02

25.32

25.61

Jet/Kerosene

26.38

23.24

21.66

19.22

19.88

25.35

22.15

14.93

20.55

34.82

27.52

27.14

22.84

26.22

29.34

29.95

Gasoil .2 %

..

.. 21.49 18.70 19.37 24.65 22.05 14.82 19.12 33.87 27.50 27.08

22.95

25.83

28.98

30.36

LSFO 1%

14.77

14.93

13.93

14.20

15.76

18.04

15.78

11.16

14.41

23.77

18.73

21.50

17.55

20.98

23.14

24.14

HSFO 3.5%

11.17

11.72

9.33

12.11

13.89

15.08

12.96

8.85

12.78

18.92

15.24

18.24

14.62

18.65

20.69

18.86

NY Harbour, Barges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Super Unleaded

29.83

26.85

23.71

23.68

24.83

27.79

27.16

19.61

24.53

38.49

34.16

33.71

27.07

33.91

36.10

37.44

Unleaded

27.54

24.56

21.59

20.55

22.60

25.82

25.21

17.80

22.76

36.10

31.00

30.33

25.02

30.19

32.32

33.53

Jet/Kerosene

26.68

24.91

23.32

22.16

21.77

27.57

24.58

18.00

21.78

38.05

31.18

29.83

24.97

28.77

31.91

33.45

No. 2 (Heating Oil)

25.58

24.04

22.04

20.67

20.73

26.37

23.65

16.41

20.50

36.37

29.82

28.56

23.95

27.68

30.06

32.33

LSFO 1%

15.02

15.32

14.64

15.02

16.10

19.23

16.90

12.33

15.51

25.05

20.70

22.55

16.80

22.76

24.65

25.72

No. 6 3%

11.41

12.34

11.21

12.24

14.52

16.03

15.24

10.24

13.99

20.68

17.36

20.99

16.04

21.40

23.30

22.96

Singapore, Cargoes

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Premium Unleaded

..

.. 22.23 21.50 22.14 23.59 24.48 17.12 21.17 32.64 27.43 28.04

24.27

29.49

28.91

29.24

Naphtha

22.84

20.27

17.15

16.36

17.54

20.26

21.85

14.77

19.54

28.38

23.75

24.93

21.56

24.98

25.81

27.15

Jet/Kerosene

28.27

25.44

24.38

21.73

22.77

28.40

24.86

16.31

21.59

34.39

28.32

28.08

23.57

27.20

29.85

31.35

Gasoil .5%

28.18

25.17

23.96

20.84

21.62

27.07

24.16

15.40

19.25

32.58

27.32

27.55

22.47

27.68

28.80

30.89

LSWR Cracked

..

..

9.76

13.22

14.37

17.96

16.87

10.95

15.61

25.83

21.83

23.80

18.36

23.26

25.16

28.02

HSFO 180 CST

14.00

13.36

11.73

13.11

14.88

16.74

15.83

10.60

15.71

24.43

20.65

22.89

18.57

23.28

24.97

24.40

HSFO 4%

..

..

..

..

..

..

..

10.34

15.60

24.21

20.38

22.95

18.60

23.31

25.23

24.31

1 Source: Platts.

30

11 AUGUST 2003

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