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6 Pages

The impact of weather on oil demand


The impact of weather on oil demand

Report summary

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.  

What's included?

This report includes 1 file(s)

  • The impact of weather on oil demand PDF - 275.41 KB 6 Pages, 0 Tables, 8 Figures

Description

This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

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  • United States
  • Europe
  • Japan

In this report there are 8 tables or charts, including:

  • United States
    • New England heating degree days: oil home heating customer weighted
    • US distillate and propane demand, by month
  • Europe
    • Northwest Europe heating oil demand
  • Japan
    • Tokyo International Airport heating degree days: base temperature of 15.5C
    • Japanese kerosene (heating) demand
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