Posts Tagged ‘IEA’

  1. “No more growth” is the message?

    0

    November 13, 2016 by AK

    OPEC expects Russia to produce at the same average rate in 2017 as in 2016, which means a slight decrease from the current daily output. The IEA acknowledges that, if Russia can continue pumping at the same rate as in October, it should add 0.2 mmbpd in 2017, just short of 2% on 2016. For the time …
    keep reading


  2. The wisdom of doing nothing

    0

    October 11, 2016 by AK

    The International Energy Agency’s estimates of global oil demand growth – watch the evolution: May (2016): 1.2 mmbpd y-o-y in 2016. June: 1.3 mmbpd in 2016, 1.3 mmbpd in 2017. July: 1.4 mmbpd in 2016, 1.3 mmbpd in 2017. August: 1.4 mmbpd in 2016, 1.2 mmbpd in 2017. September: 1.3 mmbpd in 2016, 1.2 mmbpd …
    keep reading


  3. The IEA, like OPEC, seems too cautious on Russian crude output in 4Q

    1

    September 30, 2016 by AK

    On Sept. 15, three days after OPEC published its latest monthly report, I suggested that the cartel’s forecasters might be underestimating Russia’s output and overestimating Kashagan’s in the fourth quarter. From Russian preliminary data, September output looks close to 11.1 mmbpd, up from 10.7 mmbpd in August and from the all-time high 10.9 mmbpd in January 2016. …
    keep reading


  4. “Non-OPEC’s largest source of supply growth”

    1

    September 5, 2016 by AK

    The International Energy Agency (IEA) notes in its August 2016 report: By contrast [to the US, China, Columbia and Mexico], Russia has shrugged off lower prices, international sanctions and financing difficulties to become non-OPEC’s largest source of supply growth. While the decline of the ruble and Russia’s tax system have sheltered producers from oil’s prolonged …
    keep reading


Archives

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 11 other subscribers

%d bloggers like this: