The IEA Oil Market Report for December cut the outlook for 2015 global oil demand growth by 230 000 barrels per day (230 kb/d) to 0.9 million barrels per day (mb/d) on lower expectations for the Former Soviet Union and other oil‐exporting countries.

Global oil supply inched up by 35 000 barrels per day (35 kb/d) in October to 94.2 million barrels per day (mb/d)

IEA Report: Global Gas Demand 50% Higher in 2040

Unseasonably cold temperatures this week led to big increases in heating demand for natural gas from the residential and commercial sectors. Weather forecasters expect the cold to continue into next week, which will likely result in more natural gas consumption.

ExxonMobil outlines international approach to unconventional development

World oil demand growth in 2014 is expected to reach 1.05 mb/d, following a downward revision of around 50 tb/d, mainly due to the weaker-than-expected performance of the OECD region.

OPEC: World economic growth for 2014 and 2015 remains unchanged at 3.1% and 3.4% respectively.

IEA: Oil Market Report for July

OPEC: The oil market outlook in 2015

OPEC: World oil demand 2014-15