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Monthly Oil Market Report – February 2024

Excerpt:  “The [Organization of the Petroleum Exporting Countries (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 … Additionally, as of February 2019, key tables providing the latest information on the world oil demand and supply balance, including monthly revisions; [Organisation for Economic Co-operation and Development (OECD)] oil stocks and oil on water; non-OPEC supply and OPEC natural gas liquids; and world rig count – as contained in the MOMR appendix tables – will also be made available on the OPEC Website and can be downloaded in Excel, for ease of use.”