Because1000of the cold winter increased demand for oil, especially clearly observed its increase in North America, said in a monthly review of the Organization of Petroleum Exporting Countries (OPEC), published on its website.
forecast of oil demand in 2009 increased by 0,02% compared with the forecast of the December report - up to 84.33 million barrels per day (bpd). However, this figure still at 1,6% below the level of demand in 2008.
forecast for 2010 OPEC has not changed, leaving it at 85.15 million b /d (higher than the previous forecast of 20 thousand b /d and 0.98% higher than demand in 2009). Cartel associates are waiting to global economic recovery.
forecast of world supply in 2010 is stable - 85.57 million bpd.
oil supplies to countries outside of OPEC, rose in 2009 to 50.96 million b /d, which is 0.51 million b /d higher than in 2008 (forecast is unchanged). The largest growth showed the former Soviet Union and developing countries. This year, analysts expect the cartel countries increased the supply of non-OPEC “to 51.31 million b /d, which is 350 thousand b /d higher than in 2009 (forecast raised to 40 thousand b /d).
Russia will deliver in 2010, 9.98 million b /d, exceeding by 50 thousand b /d volume of deliveries in 2009 (forecast increased by 34 thousand b /d). Positive expectations are based on the high dynamics of growth of supply in the last quarter of last year. According to OPEC, the rise in supplies from Russia will be provided to new projects. The risk of sustained growth may appear in the second half of 2010.
countries themselves cartel in December procured 29.14 million b /d, which is 78 thousand b /d over the extraction of November. Production is growing in Nigeria and the UAE, decreases in Venezuela and Angola. Excluding Iraq, production cartel was 26.68 million b /d (68 thousand b /d increase in November). Forecast of demand for OPEC oil has increased by 70 thousand b /d - up to 28.7 million bpd, which is lower than demand in 2008 to 2.3 million bpd. Demand for oil cartel countries in 2010 will amount to 28.6 million bpd. OPEC quota - 24.845 million bpd.
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