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The impact of weather on oil demand

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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.

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    The impact of weather on oil demand

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Table of contents

Tables and charts

This report includes 5 images and tables including:

Images

  • 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
  • Japanese kerosene (heating) demand

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