Oil
Oil markets are still adapting to the changes set in motion by the extended period of high prices that fostered the emergence of tight oil in the United States. How oil demand evolves from here, and the prospects of a peak in demand, will be determined by a variety of factors including oil prices, the economic transition underway in major demand centres (most notably China), the pace of fossil-fuel subsidy reform, the speed at which disruptive technology and business models emerge in the transport sector and prospects for the two most stubborn sources of oil demand growth: petrochemicals and road freight.
Demand Supply Total Stock Change and Misc 1Q15 94 95.1 1.1 2Q15 94.7 96.3 1.5 3Q15 96.5 97.1 0.7 4Q15 96 97.3 1.3 1Q16 95.6 96.6 1 2Q16 96.1 96 -0.1 3Q16 96.9 96.8 -0.1 4Q16 97.1 98.1 1 1Q17 96.6 96.6 0.1 2Q17 98.1 96.9 -1.2 3Q17 98.4 97.8 -0.6 4Q17 98.7 98.2 -0.5 1Q18 98.3 98.3 0 2Q18 98.7 99 0.4 3Q18 99.8 100.9 1.1 4Q18 100.1 101.3 1.1
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Our work on Oil
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Oil Market Report
Each month, access to information on supply, demand, stocks, prices and refinery activity is available through the Oil Market Report online service -
Market Report Series: Oil 2019
Five-year forecast of global oil demand, supply refining, and trade -
Oil Security
One of the IEA's core activities is ensuring the security of oil supplies by setting oil stockholding requirements for member countries and coordinating the international response to supply shocks -
Free Oil Monthly Data
IEA monthly statistics provide timely and consistent oil and oil price data for all OECD Member Countries going back to January 2000 -
Monthly Oil Data Service (MODS)
Provides a detailed database of historical and projected information used in preparing the monthly IEA's Oil Market Report (OMR) -
Future Scenarios for Oil
Access our latest modelling and analysis to gain insight into potential future scenarios for oil globally.
Recent reports
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Oil 2019
Five-year forecast of global oil demand, supply refining, and trade -
Oil Information 2018: Overview
Detailed and comprehensive picture of oil supply, demand, trade, production and consumption -
Oil Market Report
Monthly access to information on supply, demand, stocks, prices and refinery activity available
News
- Oil Market Report: Pausing to reflect
15 November 2019 - Oil Market Report: Back to business as usual
11 October 2019 - IEA releases new edition of global historical data series for all fuels, all sectors and energy balances
24 September 2019
Events & workshops
Dec12
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Dec12
PublicationOil Market ReportOnline
Nov15
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Nov15
PublicationOil Market ReportOnline
Oct11
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Oct11
PublicationOil Market ReportOnline
Sep12
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Sep12
PublicationOil Market ReportOnline
Aug9
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Aug9
PublicationPublication: Oil Market ReportOnline
Jul12
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Jul12
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Jul12
PublicationPublication: Oil Market ReportOnline
Jun14
PublicationPublication: Oil Market ReportOnline
May15
PublicationPublication: Oil Market ReportOnline
Apr11
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Apr11
PublicationPublication: Oil Market ReportOnline
Mar26
PublicationGlobal Energy & CO2 Status ReportOnline
Mar15
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Mar15
PublicationPublication: Oil Market ReportOnline
Mar11
PublicationPublication: Oil 2019Houston, United States
Feb13
StatisticsStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Feb13
PublicationPublication: Oil Market ReportOnline
Jan18
ReleaseStatistics: Release of Monthly statistics Oil, Natural Gas and Prices Online
Jan18
PublicationPublication: Oil Market ReportOnline
Dec13
StatisticsRelease of Monthly statistics Oil, Natural gas, Prices Online
Nov14
StatisticsRelease of Monthly statistics Oil, Natural gas, Prices Online
Oct25
PublicationWEO Special Report: Producer EconomiesLondon, UK
Oct12
StatisticsRelease of Monthly statistics Oil, Natural gas, Prices Online
Oct5
PublicationThe Future of PetrochemicalsOnline
Sep13
StatisticsRelease of Monthly statistics Oil, Natural gas, Prices Online
Aug28
Statistics: Oil Information 2018 Paris, France
Aug10
Statistics: Release of Monthly statistics Oil, Natural gas, Prices Paris, France
Jul25
StatisticsStatistics: Oil Information 2018 OverviewParis, France