1. DEMAND AND SUPPLY HIGHLIGHTS 3
2. OPEC PRODUCTION ESTIMATES 6
3. MONTHLY AND QUARTERLY DATA RELEASES 9
US crude oil imports ................................................................................................................................. 9
US data revisions .....................................................................................................................................11
Japan...........................................................................................................................................................15
Europe – Continental Big 4.....................................................................................................................18
Middle East ...............................................................................................................................................19
India............................................................................................................................................................20
China ..........................................................................................................................................................21
Air traffic....................................................................................................................................................23
Russia.........................................................................................................................................................24
United Kingdom.......................................................................................................................................25
Mexico .......................................................................................................................................................27
Brazil ...........................................................................................................................................................29
International rig counts..........................................................................................................................30
Norway ......................................................................................................................................................32
US oil production.....................................................................................................................................33
4. MARKETS AND PRICES 35
5. MARKET BALANCES AND FORECASTS 37