Missing Barrels OIL MARKET INTELLIGENCE (OMI) , , , ,200 OECD ,900 OECD 10 3, , ,400 OECD

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1 Missing Barrels OIL MARKET INTELLIGENCE (OMI) , , , ,200 OECD ,900 OECD 10 3, , ,400 OECD 10 3, , , OECD , OECD 10 3, , ,400 ( 0.9 ) 58 4, % OIL MARKET INTELLIGENCE March

2 OECD OMI OECD OECD 70 OECD OECD OECD 2 3 IEA Floating Storage Oil in Transit OECD Miscellaneous to balance Miscellaneous to balance OECD OECD Miscellaneous to balance IEA IEA OIL MARKET REPORT 8 July ,256 B/D 7, B/D B/D OECD 61.1 B/D 8.2 B/D B/D Other Other non-oecd stock changes and miscellaneous-to-balance OECD IEA B/D 80 B/D IEA 2

3 OECD OECD OECD B/D OECD (100 B/D) OPEC OPEC NGLs 2.84 OPEC IEA OIL MARKET REPORT 8 July ,000B/D 1605 OECD IEA OIL MARKET REPORT 8 July 1997 Department of Energy Energy Information Agency DOE EIA Unaccounted for crude 3

4 Unaccounted for crude 16.5 B/D 37.7 B/D OPEC OPEC OPEC OPEC IEA OPEC OPEC IEA OECD Miscellaneous to balance 1998 IEA OIL MARKET REPORT 9 February ,530 B/D 7, B/D 1998 OECD 40 B/D 160 B/D OECD 40 B/D 120 B/D 120 B/D IEA Miscellaneous to Balance 4

5 Miscellaneous to Balance 100 B/D 98 1Q 98 Q 98 Q 98 Q OECD M B IEA OIL MARKET REPORT 9 February 1999 IEA OIL MARKET REPORT Miscellaneous to Balance OECD M B Miscellaneous to Balance 1998 Miscellaneous to Balance 190 B/D B/D 3 50 B/D 4 60 B/D B/D 4 4,000 Miscellaneous to Balance IEA Miscellaneous to Balance 1998 Miscellaneous to Balance 1998 Miscellaneous to Balance IEA OMR 9 Feb.1999 OECD 5

6 IEA IEA OMR 8 December 1999 Miscellaneous to Balance 1998 IEA 7,360 B/D ,570 B/D IEA IEA OECD OPEC OECD IEA OPEC OPEC OPEC OPEC Annual Statitical Bulletin OPEC Table Crude oil Production in OPEC Members Direct communications to the Secretariat various national and secondary sources

7 OPEC OPEC OPEC OPEC OPEC 1999 OECD OECD OECD B/D 2 2,000 OECD Miscellaneous to Balance 100 B/D 99 1Q 99 Q 99 Q 99 Q OECD M B IEA OIL MARKET REPORT 11 February 2000 IEA OIL MARKET REPORT Miscellaneous to Balance OECD M B Miscellaneous to Balance 7

8 OECD OECD 1999 OECD Q Miscellaneous to Balance 00 Q 00 Q 100 B/D 00 Q OECD M B IEA OIL MARKET REPORT 12 February 2001 IEA OIL MARKET REPORT Miscellaneous to Balance OECD M B Miscellaneous to Balance 8

9 OPEC Miscellaneous to Balance / / 3 80 / / 110 B/D IEA

10 01 1Q Miscellaneous to Balance 01 Q 01 Q 100 B/D 01 Q OECD M B IEA OIL MARKET REPORT 8 February 2002 IEA OIL MARKET REPORT Miscellaneous to Balance OECD M B Miscellaneous to Balance OPEC ,690 B/D 7,600 B/D , Miscellaneous to Balance B/D 2 60 B/D B/D 4 60 B/D 70 B/D

11 60 B/D 100 B/D 3 OPEC IEA Pete Domenici 1998 General Accounting Office GAO IEA IEA 2 IEA GAO IEA 1998 OECD B/D ,530 B/D

12 OECD 2,710 B/D B/D 430 IEA IEA OECD OECD IEA IEA IEA 4 IEA B/D 160 B/D 130 B/D B/D 1998 info-ieej@tky.ieej.or.jp 4 IEA IEA 170 B/D 12

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