APEC/EUROSTAT/IEA/OLADE/OPEC/UNSD
JOINT OIL DATA INITIATIVE
DESCRIPTION OF PRODUCTS
1.
Crude Oil
:
Including lease condensate –
excluding NGL
2.
LPG
:
Comprises propane and butane
3.
Gasoline
:
Comprises motor gasoline and aviation
gasoline
4.
Kerosene
:
Comprises jet kerosene and other kerosene
5.
Gas/Diesel Oil
:
For automotive and other purposes
6.
Heavy Fuel Oil
:
Heavy residual oil / boiler oil, including
bunker oil
7.
Total Oil
:
Categories (2) to (6) and all other
petroleum products (refinery gas, ethane, naphtha, petroleum
coke, white spirit &SBP, paraffin waxes, bitumen, lubricants
and others).
Demand for Total Oil includes crude oil
DESCRIPTION OF FLOW
a.
Production
:
Marketed production, after removal of
impurities but including quantities consumed by the producer
in the production process
b.
Imports/Exports
:
Goods having physically crossed the
international boundaries, excluding transit trade,
international marine and aviation bunkers
c.
Closing Stock
:
Represents the primary stocks level at the
end of the month within national territories ; includes
stocks held by importers, refiners, stock holding
organisations and governments
d.
Stocks Changes
:
Closing minus opening level
Positive number corresponds to stock build, negative number
corresponds to stock draw.
e.
Refinery Intake
:
Observed refinery throughputs
f.
Refinery output
:
Gross output (including refinery fuel)
g.
Demand
:
Deliveries or sales to the inland market
(domestic consumption) plus
Refinery Fuel plus International Marine and Aviation
Bunkers.
Demand for Total Oil includes Crude Oil
)
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