OPEC Monthly Oil Market Report

World oil demand growth in 2017 is now expected at 1.37 mb/d, following an upward revision of 0.1 mb/d mainly to reflect better-than-expected data from OECD regions for 2Q17. Total oil demand anticipated to average 96.49 mb/d this year. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.


OPEC Monthly Oil Market Report

Author: Organization of the Petroleum Exporting Countries(OPEC)

Date Published: 10 Aug, 2017


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