
82 pages
Table of Contents |
Medium-Term Oil Market
Report (MTOMR) - July 2007
How much oil will the world consume in 2011? What role will OPEC play
in global oil production? Will biofuels become an important part of the
oil market? The International Energy Agency's (IEA) Medium-Term
Oil Market Report tackles these questions, adopting a perspective that
goes beyond the traditional short-term market analysis provided in the
IEA's monthly Oil Market Report.
Drawing on current futures curves and the investment threshold for upstream
projects, the Medium-Term Oil Market Report analyses how global demand
and supply balances may develop in the next five years. The forecasts
look in detail at product demand and the supply potential from all the
firmly planned individual upstream and downstream projects around the
world. The results provide invaluable insights on vital issues such as
surplus production capacity and product supply.
The rapid pace of change in the oil market means that forecasts can become
outdated very quickly. This interim update provides the opportunity to
rebase the data and forecasts in the annual Medium-Term Oil Market Report and to discuss and analyse new issues affecting the oil industry.
Policymakers, market analysts, energy experts and anyone interested in
understanding and following trends in the oil market should find this
report extremely useful.
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