A recovery in oil demand in the OECD was one of the salient features earlier in 2015. During the fourth quarter of 2015, however, growth in demand disappeared altogether. While this has raised concerns over the strength of OECD demand in light of economic headwinds, this winter's mild weather has been a primary contributing factor to the weakness in OECD demand.
Table of contents
Tables and charts
This report includes 5 images and tables including:
New England heating degree days: oil home heating customer weighted
US distillate and propane demand, by month
Northwest Europe heating oil demand
Tokyo International Airport heating degree days: base temperature of 15.5C