13
CONTENTS
CONTENTS
PREFACE
1
PART ONE
INTERNATIONAL DEVELOPMENTS
IN OILAND ENERGY
CHAPTER ONE:
DEVELOPMENTS IN GLOBAL MARKETS AND THEIR IMPACT ON
OAPEC MEMBER COUNTRIES
Foreword
37
I.
Major Developments in the World Oil Market in 2012 And
Related Factors
39
1.
Supplies
39
1-1 OPEC Supplies
40
1-2 Non-OPEC Supplies
42
2. World Oil Demand
43
2-1 OECD Countries
48
2-2 Developing Countries
51
2-3 Countries in Transition
52
3.
Price Trends
53
3-1 Crude Oil Prices
53
3-2 Spot Prices of Oil Products
59
3-3 Oil Freight Rates
62
4. World Oil Inventories
64
4.1 OECD Commercial Stocks
64
4.2 US Strategic Petroleum Reserve
64
II.
Value of OAPEC Member Countries Petroleum Exports
66
III.
Developments in Oil and Energy Consumption in the Arab
Countries
68
1. Arab Countries
68
1-1 Total and Per Capita Energy Consumption by Source
68
1-2 Energy Consumption by Source
73
