IEF-月度石油和天然气数据审查（英）-2023.7-24页_327kb

报告摘要

Summary of Monthly Oil & Gas Data Review - July 1, 2023

Oil Overview

Global oil demand increased by 3 million barrels per day (mb/d) month-on-month in May 2023, reaching near-record highs, led by China, India, Saudi Arabia, and the United States.
China's total product demand rose by 1.7 mb/d to 17.37 mb/d, the second-highest level ever recorded.
Gasoline and diesel demand reached record seasonal highs, while fuel oil demand fell and liquefied petroleum gas (LPG) demand remained flat.
Jet fuel demand increased slightly but was still 9% below pre-COVID levels.
Crude oil production declined by 0.8 mb/d month-on-month, with significant reductions in Saudi Arabia (502 kb/d), Canada, and the United States.
Crude inventories decreased by 10 million barrels, while product inventories rose by 32 million barrels; overall, inventories remained 350 million barrels below the five-year average.
Saudi Arabia's crude production and exports dropped notably, with increased domestic crude use.
China boosted crude imports and product exports.

Gas Overview

Global natural gas demand declined by 10.4 billion cubic meters (bcm) month-on-month in May, but remained near seasonal highs.
European Union and United Kingdom demand was 17% below the seasonal average.
Natural gas production fell by 2.1 bcm, primarily due to Norway's output drop, while inventories increased by 23.4 bcm, ending near the 5-year high for closing stocks.

Key Highlights

Monthly participation in the Joint Oil Data Initiative (JODI) databases was high, with 53 countries updating gas and 51 updating oil data.
Global inventories for oil and gas were mostly 99% of 2019 or 2022 levels, reflecting supply-demand dynamics.
Countries with at least monthly reporting since 2018 provided aggregated data, enhancing comparability.

Overall Conclusions

The May 2023 update shows a recovering oil demand trend with regional variations, while natural gas demand remains seasonally adjusted with inventory builds supporting market balance. geopolitical factors and energy transitions continue to influence trends.

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