Table 1 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT 15 MAY

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1 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 1 Table WORLD 1 - World OIL SUPPLY Oil Supply AND DEMAND and Demand (million barrels per day) Q12 2Q12 3Q12 4Q Q13 2Q13 3Q13 4Q Q14 2Q14 3Q14 4Q OECD DEMAND Americas Europe Asia Oceania Total OECD NON-OECD DEMAND FSU Europe China Other Asia Latin America Middle East Africa Total Non-OECD Total Demand OECD SUPPLY Americas 1, Europe Asia Oceania Total OECD NON-OECD SUPPLY FSU Europe China Other Asia Latin America 5, Middle East Africa Total Non-OECD Processing Gains Global Biofuels Total Non-OPEC OPEC Crude NGLs Total OPEC Total Supply STOCK CHANGES AND MISCELLANEOUS Reported OECD Industry Government Total Floating Storage/Oil in Transit Miscellaneous to balance Total Stock Ch. & Misc Memo items: Call on OPEC crude + Stock ch Measured as deliveries from refineries and primary stocks, comprises inland deliveries, international marine bunkers, refinery fuel, crude for direct burning, oil from non-conventional sources and other sources of supply. 5 Other Asia includes Indonesia throughout. Latin America excludes Ecuador throughout. Africa excludes Angola throughout. Total Non-OPEC excludes all countries that were members of OPEC at 1 January Total OPEC comprises all countries which were OPEC members at 1 January Net volumetric gains and losses in the refining process and marine transportation losses. 7 As of the July 2010 OMR, Global Biofuels comprise all world biofuel production including fuel ethanol from the US and Brazil. 8 As of the March 2006 OMR, Venezuelan Orinoco heavy crude production is included within Venezuelan crude estimates. Orimulsion fuel remains within the OPEC NGL and non-conventional category, but Orimulsion production reportedly ceased from January Comprises crude oil, condensates, NGLs, oil from non-conventional sources and other sources of supply. 10 Includes changes in non-reported stocks in OECD and non-oecd areas. 11 Equals the arithmetic difference between total demand minus total non-opec supply minus OPEC NGLs. 15 MAY

2 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 1a Table 1a WORLD - World OIL Oil SUPPLY Supply AND and DEMAND: Demand: CHANGES Changes FROM from LAST Last MONTH'S Month s TABLE Table 1 1 (million barrels per day) Q12 2Q12 3Q12 4Q Q13 2Q13 3Q13 4Q Q14 2Q14 3Q14 4Q OECD DEMAND Americas Europe Asia Oceania Total OECD NON-OECD DEMAND FSU Europe China Other Asia Latin America Middle East Africa Total Non-OECD Total Demand OECD SUPPLY Americas Europe Asia Oceania Total OECD NON-OECD SUPPLY FSU Europe China Other Asia Latin America Middle East Africa Total Non-OECD Processing Gains Global Biofuels Total Non-OPEC OPEC Crude NGLs Total OPEC Total Supply STOCK CHANGES AND MISCELLANEOUS REPORTED OECD Industry Government Total Floating Storage/Oil in Transit Miscellaneous to balance Total Stock Ch. & Misc Memo items: Call on OPEC crude + Stock ch When submitting their monthly oil statistics, OECD Member countries periodically update data for prior periods. Similar updates to non-oecd data can occur MAY 2014

3 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 2 Table 2 SUMMARY - Summary OF GLOBAL of Global OIL DEMAND Oil Demand Q12 2Q12 3Q12 4Q Q13 2Q13 3Q13 4Q Q14 2Q14 3Q14 4Q Demand (mb/d) Americas Europe Asia Oceania Total OECD Asia Middle East Latin America FSU Africa Europe Total Non-OECD World of which: US Europe 5* China Japan India Russia Brazil Saudi Arabia Canada Korea Mexico Iran Total % of World 69.6% 69.6% 69.2% 69.4% 69.4% 69.4% 69.4% 69.0% 69.1% 69.2% 69.2% 69.3% 68.7% 68.7% 68.8% 68.9% Annual Change (% per annum) Americas Europe Asia Oceania Total OECD Asia Middle East Latin America FSU Africa Europe Total Non-OECD World Annual Change (mb/d) Americas Europe Asia Oceania Total OECD Asia Middle East Latin America FSU Africa Europe Total Non-OECD World Revisions to Oil Demand from Last Month's Report (mb/d) Americas Europe Asia Oceania Total OECD Asia Middle East Latin America FSU Africa Europe Total Non-OECD World Revisions to Oil Demand Growth from Last Month's Report (mb/d) World As of the August 2012 OMR, includes Chile. 2 As of the August 2012 OMR, includes Estonia and Slovenia. 3 As of the August 2012 OMR, includes Israel. * France, Germany, Italy, Spain and UK 15 MAY

4 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 2a Table OECD 2a - REGIONAL OECD Regional OIL DEMAND Oil Demand 1 (million barrels per day) Latest month vs Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 2 Jan 14 Feb 13 Americas 3 LPG&Ethane Naphtha Motor Gasoline Jet/Kerosene Gasoil/Diesel Oil Residual Fuel Oil Other Products Total Europe 4 LPG&Ethane Naphtha Motor Gasoline Jet/Kerosene Gasoil/Diesel Oil Residual Fuel Oil Other Products Total Asia Oceania 5 LPG&Ethane Naphtha Motor Gasoline Jet/Kerosene Gasoil/Diesel Oil Residual Fuel Oil Other Products Total OECD LPG&Ethane Naphtha Motor Gasoline Jet/Kerosene Gasoil/Diesel Oil Residual Fuel Oil Other Products Total Demand, measured as deliveries from refineries and primary stocks, comprises inland deliveries, international bunkers and refinery fuel. It includes crude for direct burning, oil from non-conventional sources and other sources of supply. Jet/kerosene comprises jet kerosene and non-aviation kerosene. Gasoil comprises diesel, light heating oil and other gasoils. North America comprises US 50 states, US territories, Mexico and Canada. 2 Latest official OECD submissions (MOS). 3 As of the August 2012 OMR, includes Chile. 4 As of the August 2012 OMR, includes Estonia and Slovenia. 5 As of the August 2012 OMR, includes Israel MAY 2014

5 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 2b Table 2b - OECD Oil OIL Demand DEMAND and IN % SELECTED Growth OECD in Demand COUNTRIES in Selected 1 OECD Countries (million barrels per day) Latest month vs Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 2 Jan 14 Feb 13 United States 3 LPG Naphtha Motor Gasoline Jet/Kerosene Gasoil Residual Fuel Oil Other Products Total Japan LPG Naphtha Motor Gasoline Jet/Kerosene Diesel Other Gasoil Residual Fuel Oil Other Products Total Germany LPG Naphtha Motor Gasoline Jet/Kerosene Diesel Other Gasoil Residual Fuel Oil Other Products Total Italy LPG Naphtha Motor Gasoline Jet/Kerosene Diesel Other Gasoil Residual Fuel Oil Other Products Total France LPG Naphtha Motor Gasoline Jet/Kerosene Diesel Other Gasoil Residual Fuel Oil Other Products Total United Kingdom LPG Naphtha Motor Gasoline Jet/Kerosene Diesel Other Gasoil Residual Fuel Oil Other Products Total Canada LPG Naphtha Motor Gasoline Jet/Kerosene Diesel Other Gasoil Residual Fuel Oil Other Products Total Demand, measured as deliveries from refineries and primary stocks, comprises inland deliveries, international bunkers and refinery fuel. It includes crude for direct burning, oil from non-conventional sources and other sources of supply. Jet/kerosene comprises jet kerosene and non-aviation kerosene. Gasoil comprises diesel, light heating oil and other gasoils. 2 Latest official OECD submissions (MOS). 3 US figures exclude US territories. 15 MAY

6 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 3 WORLD OIL PRODUCTION Table 3 - World (million barrels Oil per day) Production Q13 1Q14 2Q14 3Q14 4Q14 Feb 14 Mar 14 Apr 14 OPEC Crude Oil Saudi Arabia Iran Iraq UAE Kuwait Neutral Zone Qatar Angola Nigeria Libya Algeria Ecuador Venezuela Total Crude Oil Total NGLs Total OPEC NON-OPEC 2 OECD Americas United States Mexico Canada Chile Europe UK Norway Others Asia Oceania Australia Others Total OECD NON-OECD Former USSR Russia Others Asia China Malaysia India Indonesia Others Europe Latin America Brazil Argentina Colombia Others Middle East Oman Syria Yemen Others Africa Egypt Gabon Others Total Non-OECD Processing Gains Global Biofuels TOTAL NON-OPEC TOTAL SUPPLY Includes condensates reported by OPEC countries, oil from non-conventional sources, e.g. Venezuelan Orimulsion (but not Orinoco extra-heavy oil), and non-oil inputs to Saudi Arabian MTBE. Orimulsion production reportedly ceased from January Comprises crude oil, condensates, NGLs and oil from non-conventional sources 3 Includes small amounts of production from Jordan and Bahrain. 4 Net volumetric gains and losses in refining and marine transportation losses. 5 As of the July 2010 OMR, Global Biofuels comprise all world biofuel production including fuel ethanol from the US and Brazil. 6 As of the August 2012 OMR, includes Chile. 7 As of the August 2012 OMR, includes Estonia and Slovenia. 8 As of the August 2012 OMR, includes Israel MAY 2014

7 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 3a Table OIL 3a SUPPLY - Oil Supply IN OECD In COUNTRIES OECD Countries 1 (thousand of barrels per day) Q13 1Q14 2Q14 3Q14 4Q14 Feb 14 Mar 14 Apr 14 United States Alaska California Texas Federal Gulf of Mexico Other US Lower NGLs Other Hydrocarbons Total Canada Alberta Light/Medium/Heavy Alberta Bitumen Saskatchewan Other Crude NGLs Synthetic Crudes Total Mexico Crude NGLs Total UK Offshore 5 Brent Fields Forties Fields Ninian Fields Flotta Fields Other Fields NGLs Total Norway 5 Ekofisk-Ula Area Oseberg-Troll Area Statfjord-Gullfaks Area Haltenbanken Area Sleipner-Frigg Area NGLs Total Other OECD Europe Other N Sea Crude/NGLs UK Onshore Italy Turkey Other NGLs (excl. North Sea) Non-Conventional Oils Total Australia Gippsland Basin Cooper-Eromanga Basin Carnarvon Basin Other Crude NGLs Total Other OECD Pacific New Zealand Japan NGLs Synthetic Fuels Total OECD Crude Oil NGLs Non-Conventional Oils Total Subcategories refer to crude oil only unless otherwise noted. 2 Only production from Federal waters is included. 3 To the extent possible, condensates from natural gas processing plants are included with NGLs, while field condensates are counted as crude oil. 4 As of the July 2010 OMR, US Other Hydrocarbons no longer includes the production of ethanol. 5 North Sea production is grouped by area including all fields being processed through the named field complex, ie, not just the field of that name. 6 Other North Sea NGLs is included. 15 MAY

8 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 4 Table 4 - OECD Industry INDUSTRY Stocks STOCKS and 1 AND Quarterly QUARTERLY Stock Changes/OECD STOCK CHANGESGovernment- Controlled Stocks and Quarterly Stock Changes RECENT MONTHLY STOCKS 2 PRIOR YEARS' STOCKS 2 STOCK CHANGES in Million Barrels in Million Barrels in mb/d Nov2013 Dec2013 Jan2014 Feb2014 Mar2014* Mar2011 Mar2012 Mar2013 2Q2013 3Q2013 4Q2013 1Q2014 OECD Americas Crude Motor Gasoline Middle Distillate Residual Fuel Oil Total Products Total OECD Europe Crude Motor Gasoline Middle Distillate Residual Fuel Oil Total Products Total OECD Asia Oceania Crude Motor Gasoline Middle Distillate Residual Fuel Oil Total Products Total Total OECD Crude Motor Gasoline Middle Distillate Residual Fuel Oil Total Products Total OECD GOVERNMENT-CONTROLLED STOCKS 5 AND QUARTERLY STOCK CHANGES RECENT MONTHLY STOCKS 2 PRIOR YEARS' STOCKS 2 STOCK CHANGES in Million Barrels in Million Barrels in mb/d Nov2013 Dec2013 Jan2014 Feb2014 Mar2014* Mar2011 Mar2012 Mar2013 2Q2013 3Q2013 4Q2013 1Q2014 OECD Americas Crude Products OECD Europe Crude Products OECD Asia Oceania Crude Products Total OECD Crude Products Total * estimated 1 Stocks are primary national territory stocks on land (excluding utility stocks and including pipeline and entrepot stocks where known) and include stocks held by industry to meet IEA, EU and national emergency reserve commitments and are subject to government control in emergencies. 2 Closing stock levels. 3 Total products includes gasoline, middle distillates, fuel oil and other products. 4 Total includes NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons. 5 Includes government-owned stocks and stock holding organisation stocks held for emergency purposes MAY 2014

9 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 4a Table INDUSTRY 4a - Industry STOCKSStocks 1 ON LAND on IN Land SELECTED in Selected COUNTRIES Countries (million barrels) October November December January February % % % % % United States 2 Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total Japan Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total Germany Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total Italy Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total France Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total United Kingdom Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total Canada 4 Crude Motor Gasoline Middle Distillate Residual Fuel Oil Other Products Total Products Other Total Stocks are primary national territory stocks on land (excluding utilitity stocks and including pipeline and entrepot stocks where known) and include stocks held by industry to meet IEA, EU and national emergency reserve commitments and are subject to government control in emergencies. 2 US figures exclude US territories. 3 Other includes NGLs, refinery feedstocks, additives/oxygenates and other hydrocarbons. 4 Canadian stock information for recent months is the administration's best estimate. Data are usually finalised three months after first publication. 15 MAY

10 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 5 Table 5 - Total TOTAL Stocks STOCKS on Land ON LAND in OECD IN OECD Countries/Total COUNTRIES 1 OECD Stocks ('millions of barrels' and 'days') End March 2013 End June 2013 End September 2013 End December 2013 Stock Days Fwd 2 Stock Days Fwd Stock Days Fwd Stock Days Fwd Stock Days Fwd Level Demand Level Demand Level Demand Level Demand Level Demand OECD Americas Canada Chile Mexico United States Total OECD Asia Oceania Australia Israel Japan Korea New Zealand Total OECD Europe 5 Austria Belgium Czech Republic Denmark Estonia Finland France Germany Greece Hungary Ireland Italy Luxembourg Netherlands Norway Poland Portugal Slovak Republic Slovenia Spain Sweden Switzerland Turkey United Kingdom Total Total OECD DAYS OF IEA Net Imports Total Stocks are industry and government-controlled stocks (see breakdown in table below). Stocks are primary national territory stocks on land (excluding utility stocks and including pipeline and entrepot stocks where known) they include stocks held by industry to meet IEA, EU and national emergency reserves commitments and are subject to government control in emergencies. 2 Note that days of forward demand represent the stock level divided by the forward quarter average daily demand and is very different from the days of net imports used for the calculation of IEA Emergency Reserves. 3 End March 2014 forward demand figures are IEA Secretariat forecasts. 4 US figures exclude US territories. Total includes US territories. 5 Data not available for Iceland. 6 Reflects stock levels and prior calendar year's net imports adjusted according to IEA emergency reserve definitions (see Net exporting IEA countries are excluded. TOTAL OECD STOCKS CLOSING STOCKS Total Government 1 Industry Total Government 1 Industry controlled controlled Millions of Barrels Days of Fwd. Demand 2 1Q Q Q Q Q Q Q Q Q Q Q Q Q Includes government-owned stocks and stock holding organisation stocks held for emergency purposes. 2 Days of forward demand calculated using actual demand except in 1Q2014 (when latest forecasts are used). End March MAY 2014

11 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 6 Table IEA 6 MEMBER - IEA Member COUNTRY Country DESTINATIONS Destinations OF SELECTED of Selected CRUDE Crude STREAMS Streams 1 (million barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change Saudi Light & Extra Light Americas Europe Asia Oceania Saudi Medium Americas Europe Asia Oceania Iraqi Basrah Light 2 Americas Europe Asia Oceania Kuwait Blend Americas Europe Asia Oceania Iranian Light Americas Europe Asia Oceania Iranian Heavy 3 Americas Europe Asia Oceania Venezuelan 22 API and heavier Americas Europe Asia Oceania Mexican Maya Americas Europe Asia Oceania Canada Heavy Americas Europe Asia Oceania BFOE Americas Europe Asia Oceania Russian Urals Americas Europe Asia Oceania Kazakhstan Americas Europe Asia Oceania Libya Light and Medium Americas Europe Asia Oceania Nigerian Light 4 Americas Europe Asia Oceania Data based on monthly submissions from IEA countries to the crude oil import register (in '000 bbl), subject to availability. May differ from Table 8 of the Report. IEA Americas includes United States and Canada. IEA Europe includes all countries in OECD Europe except Estonia, Hungary and Slovenia. IEA Asia Oceania includes Australia, New Zealand, Korea and Japan. 2 Iraqi Total minus Kirkuk. 3 Iranian Total minus Iranian Light API and lighter (e.g., Bonny Light, Escravos, Qua Iboe and Oso Condensate). 15 MAY

12 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 7 Table 7 - Regional OECD Imports REGIONAL OECD IMPORTS 1,2 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 % change Crude Oil Americas % Europe % Asia Oceania % Total OECD % LPG Americas % Europe % Asia Oceania % Total OECD % Naphtha Americas % Europe % Asia Oceania % Total OECD % Gasoline 3 Americas % Europe % Asia Oceania % Total OECD % Jet & Kerosene Americas % Europe % Asia Oceania % Total OECD % Gasoil/Diesel Americas % Europe % Asia Oceania % Total OECD % Heavy Fuel Oil Americas % Europe % Asia Oceania % Total OECD % Other Products Americas % Europe % Asia Oceania % Total OECD % Total Products Americas % Europe % Asia Oceania % Total OECD % Total Oil Americas % Europe % Asia Oceania % Total OECD % 1 Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes and converted to barrels. 2 Excludes intra-regional trade. 3 Includes additives MAY 2014

13 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 7a Table REGIONAL 7a - Regional OECD IMPORTS OECD Imports FROM NON-OECD from Non-OECD COUNTRIES Countries 1,2 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 % change Crude Oil Americas % Europe % Asia Oceania % Total OECD % LPG Americas % Europe % Asia Oceania % Total OECD % Naphtha Americas % Europe % Asia Oceania % Total OECD % Gasoline 3 Americas % Europe % Asia Oceania % Total OECD % Jet & Kerosene Americas % Europe % Asia Oceania % Total OECD % Gasoil/Diesel Americas % Europe % Asia Oceania % Total OECD % Heavy Fuel Oil Americas % Europe % Asia Oceania % Total OECD % Other Products Americas % Europe % Asia Oceania % Total OECD % Total Products Americas % Europe % Asia Oceania % Total OECD % Total Oil Americas % Europe % Asia Oceania % Total OECD % 1 Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes and converted to barrels. 2 Excludes intra-regional trade 3 Includes additives 15 MAY

14 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 7b Table INTER-REGIONAL 7b - Inter-Regional OECD OECD TRANSFERS Transfers 1,2 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change Crude Oil Americas Europe Asia Oceania Total OECD LPG Americas Europe Asia Oceania Total OECD Naphtha Americas Europe Asia Oceania Total OECD Gasoline 3 Americas Europe Asia Oceania Total OECD Jet & Kerosene Americas Europe Asia Oceania Total OECD Gasoil/Diesel Americas Europe Asia Oceania Total OECD Heavy Fuel Oil Americas Europe Asia Oceania Total OECD Other Products Americas Europe Asia Oceania Total OECD Total Products Americas Europe Asia Oceania Total OECD Total Oil Americas Europe Asia Oceania Total OECD Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes and converted to barrels. 2 Excludes intra-regional trade 3 Includes additives MAY 2014

15 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 8 Table REGIONAL 8 - Regional OECD CRUDE OECD Crude IMPORTS Imports BY SOURCE by Source 1 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change OECD Americas 3 Venezuela Other Central & South America North Sea Other OECD Europe Non-OECD Europe Former Soviet Union Saudi Arabia Kuwait Iran Iraq Oman United Arab Emirates Other Middle East West Africa Other Africa Asia Other Total of which Non-OECD OECD Europe 4 Canada Mexico + USA Venezuela Other Central & South America Non-OECD Europe Former Soviet Union Saudi Arabia Kuwait Iran Iraq Oman United Arab Emirates Other Middle East West Africa Other Africa Asia Other Total of which Non-OECD OECD Asia Oceania 5 Canada Mexico + USA Venezuela Other Central & South America North Sea Other OECD Europe Non-OECD Europe Former Soviet Union Saudi Arabia Kuwait Iran Iraq Oman United Arab Emirates Other Middle East West Africa Other Africa Non-OECD Asia Other Total of which Non-OECD Total OECD Trade of which Non-OECD Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes, and converted to barrels at 7.37 barrels per tonne. Data will differ from Table 6 which is based on submissions in barrels. 2 West Africa includes Angola,Nigeria,Gabon,Congo and Democratic Republic of Congo. 3 As of the August 2012 OMR includes Chile. 4 As of the August 2012 OMR includes Estonia and Slovenia. 5 As of the August 2012 OMR includes Israel. 15 MAY

16 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 9 Table REGIONAL 9 - Regional OECD OECD GASOLINE Gasoline IMPORTS Imports BY SOURCE by Source 1 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change OECD Americas 3 Venezuela Other Central & South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East & Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Europe 4 OECD North America Venezuela Other Central & South America Non-OECD Europe FSU Saudi Arabia Algeria Other Middle East & Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Asia Oceania 5 OECD North America Venezuela Other Central & South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East & Africa Singapore Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD Total OECD Trade of which Non-OECD Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes. 2 Total figure excludes intra-regional trade. 3 As of the August 2012 OMR includes Chile. 4 As of the August 2012 OMR includes Estonia and Slovenia. 5 As of the August 2012 OMR includes Israel MAY 2014

17 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 10 Table REGIONAL 10 - Regional OECD GASOIL/DIESEL OECD Gasoil/Diesel IMPORTS Imports BY SOURCE by Source 1 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change OECD Americas 3 Venezuela Other Central and South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Europe 4 OECD North America Venezuela Other Central and South America Non-OECD Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Asia Oceania 5 OECD North America Venezuela Other Central and South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD Total OECD Trade of which Non-OECD Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes. 2 Total figure excludes intra-regional trade. 3 As of the August 2012 OMR includes Chile. 4 As of the August 2012 OMR includes Estonia and Slovenia. 5 As of the August 2012 OMR includes Israel. 15 MAY

18 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 11 Table REGIONAL 11 - Regional OECD JET OECD AND Jet KEROSENE and Kerosene IMPORTS Imports BY SOURCE by Source 1 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change OECD Americas 3 Venezuela Other Central and South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Europe 4 OECD North America Venezuela Other Central and South America Non-OECD Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Asia Oceania 5 OECD North America Venezuela Other Central and South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD Total OECD Trade of which Non-OECD Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes. 2 Total figure excludes intra-regional trade. 3 As of the August 2012 OMR includes Chile. 4 As of the August 2012 OMR includes Estonia and Slovenia. 5 As of the August 2012 OMR includes Israel MAY 2014

19 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 12 Table REGIONAL 12 - Regional OECD RESIDUAL OECD Residual FUEL OIL Fuel IMPORTS Oil Imports BY SOURCE by Source 1 (thousand barrels per day) Year Earlier Q13 2Q13 3Q13 4Q13 Dec 13 Jan 14 Feb 14 Feb 13 change OECD Americas 3 Venezuela Other Central and South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Europe 4 OECD North America Venezuela Other Central and South America Non-OECD Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore OECD Pacific Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD OECD Asia Oceania 5 OECD North America Venezuela Other Central and South America ARA (Belgium Germany Netherlands) Other Europe FSU Saudi Arabia Algeria Other Middle East and Africa Singapore Non-OECD Asia (excl. Singapore) Other Total of which Non-OECD Total OECD Trade of which Non-OECD Based on Monthly Oil Questionnaire data submitted by OECD countries in tonnes. 2 Total figure excludes intra-regional trade. 3 As of the August 2012 OMR includes Chile. 4 As of the August 2012 OMR includes Estonia and Slovenia. 5 As of the August 2012 OMR includes Israel. 15 MAY

20 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 13 AVERAGE IEA CIF CRUDE COST AND SPOT CRUDE AND PRODUCT PRICES Table Unavailable Available in the subscription version. To subscribe, visit: Table 13 - Average IEA CIF Crude Cost and Spot Crude and Product Prices MAY 2014

21 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 14 Table 14 - Monthly Average End-User Prices for Petroleum Products MONTHLY AVERAGE END-USER PRICES FOR PETROLEUM PRODUCTS April 2014 NATIONAL CURRENCY * US DOLLARS Total % change from Ex-Tax % change from Total % change from Ex-Tax % change from Price Mar-14 Apr-13 Price Mar-14 Apr-13 Price Mar-14 Apr-13 Price Mar-14 Apr-13 GASOLINE 1 (Price per Litre) France Germany Italy Spain UK Japan Canada USA AUTOMOTIVE DIESEL FOR NON COMMERCIAL USE (Price per Litre) France Germany Italy Spain UK Japan Canada USA DOMESTIC HEATING OIL (Price per 1,000 Litres) France Germany Italy Spain UK Japan Canada USA LOW SULPHUR FUEL OIL FOR INDUSTRY 3 (Price per Metric Tonne) France Germany Italy Spain UK Japan Canada USA Unleaded premium (95 RON) for France, Germany, Italy, Spain, UK; regular unleaded for Canada, Japan and the United States. 2 Kerosene for Japan. 3 VAT excluded from prices for low sulphur fuel oil when refunded to industry. * Prices for France, Germany, Italy and Spain are in Euros; UK in British Pounds, Japan in Yen, Canada in Canadian Dollars. 15 MAY

22 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table 15 Table 15 - IEA/KBC Refining Global Margins Indicator in Refining Major Margins Refining 1 Centres ($/bbl) Monthly Average Change Average for week ending: Jan 14 Feb 14 Mar 14 Apr 14 Apr 14-Mar Apr 18 Apr 25 Apr 02 May 09 May NW Europe Brent (Cracking) Urals (Cracking) Brent (Hydroskimming) Urals (Hydroskimming) Mediterranean Es Sider (Cracking) Urals (Cracking) Es Sider (Hydroskimming) Urals (Hydroskimming) US Gulf Coast 50/50 HLS/LLS (Cracking) Mars (Cracking) ASCI (Cracking) /50 HLS/LLS (Coking) /50 Maya/Mars (Coking) ASCI (Coking) US Midcon WTI (Cracking) /70 WCS/Bakken (Cracking) Bakken (Cracking) WTI (Coking) /70 WCS/Bakken (Coking) Bakken (Coking) Singapore Dubai (Hydroskimming) Tapis (Hydroskimming) Dubai (Hydrocracking) Tapis (Hydrocracking) Global Indicator Refining Margins are calculated for various complexity configurations, each optimised for processing the specific crude(s) in a specific refining centre. Margins include energy cost, but exclude other variable costs, depreciation and amortisation. Consequently, reported margins should be taken as an indication, or proxy, of changes in profitability for a given refining centre. No attempt is made to model or otherwise comment upon the relative economics of specific refineries running individual crude slates and producing custom product sales, nor are these calculations intended to infer the marginal values of crude for pricing purposes. Source: IEA, KBC Advanced Technologies (KBC) MAY 2014

23 INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT TABLES Table 16 Table 16 - Refined Product Yields Based on Total Input REFINED PRODUCT YIELDS BASED ON TOTAL INPUT (%) 1 Dec-13 Jan-14 Feb-14 Feb-13 Feb 14 vs Previous Month Feb 14 vs Previous Year Feb 14 vs 5 Year Average 5 Year Average OECD Americas 2 Naphtha Motor Gasoline Jet Fuel Other Kerosene Gasoil/Diesel Residual Fuel Oil Petroleum Coke Other Products OECD Europe 3 Naphtha Motor Gasoline Jet Fuel Other Kerosene Gasoil/Diesel Residual Fuel Oil Petroleum Coke Other Products OECD Asia Oceania 4 Naphtha Motor Gasoline Jet Fuel Other Kerosene Gasoil/Diesel Residual Fuel Oil Petroleum Coke Other Products OECD Total Naphtha Motor Gasoline Jet Fuel Other Kerosene Gasoil/Diesel Residual Fuel Oil Petroleum Coke Other Products Due to processing gains and losses, yields in % will not always add up to 100% 2 As of the August 2012 OMR includes Chile 3 As of the August 2012 OMR includes Estonia and Slovenia 4 As of the August 2012 OMR includes Israel 15 MAY

24 TABLES INTERNATIONAL ENERGY AGENCY OIL MARKET REPORT Table Table 17 - Biofuels 17 WORLD BIOFUELS PRODUCTION ETHANOL Q13 4Q13 1Q14 Feb 14 Mar 14 Apr 14 OECD Americas United States Other OECD Europe France Germany Spain United Kingdom Other OECD Asia Oceania Australia Other Total OECD Ethanol , ,033 1,030 1,023 1,034 1,021 Total Non-OECD Ethanol Brazil China Argentina Other Total Ethanol 1,430 1,543 1,624 1,876 1,670 1,201 1,215 1,204 1,321 BIODIESEL Q13 4Q13 1Q14 Feb 14 Mar 14 Apr 14 OECD Americas United States Other OECD Europe France Germany Italy Spain Other OECD Asia Oceania Australia Other Total OECD Biodiesel Total Non-OECD Biodiesel Brazil Argentina* Other Total Biodiesel Global Biofuels 1,852 2,004 2,101 2,355 2,151 1,673 1,689 1,678 1,797 1 As of August 2012 OMR, OECD Americas includes Chile. 2 As of August 2012 OMR, OECD Europe includes Estonia and Slovenia. 3 As of August 2012 OMR, OECD Asia Oceania includes Israel. * monthly data not available. (thousand barrels per day) MAY 2014

25 OECD/IEA All Rights Reserved The International Energy Agency (IEA) makes every attempt to ensure, but does not guarantee, the accuracy and completeness of the information or the clarity of content of the Oil Market Report (hereafter the OMR). The IEA shall not be liable to any party for any inaccuracy, error or omission contained or provided in this OMR or for any loss, or damage, whether or not due to reliance placed by that party on information in this OMR. The Executive Director and Secretariat of the IEA are responsible for the publication of the OMR. Although some of the data are supplied by IEA Member country governments, largely on the basis of information they in turn receive from oil companies, neither these governments nor these oil companies necessarily share the Secretariat s views or conclusions as expressed in the OMR. The OMR is prepared for general circulation and is distributed for general information only. Neither the information nor any opinion expressed in the OMR constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities. This OMR is the copyright of the OECD/IEA and is subject to terms and conditions of use. These terms and conditions are available on the IEA website at In relation to the Subscriber Edition (as defined in the OMR's online terms and conditions), all Argus information is sourced from Copyright 2014 Argus Media Limited and is published here with the permission of Argus. The spot crude and product price assessments are based on daily Argus prices, converted when appropriate to US$ per barrel according to the Argus specification of products. Argus Media Limited reserves all rights in relation to all Argus information. Any reproduction of Argus information requires the express prior written permission of Argus. Argus shall not be liable to any party for any inaccuracy, error or omission contained or provided in Argus information contained in this OMR or for any loss, or damage, whether or not due to reliance placed by that party on information in this OMR.

26 OMR Contacts Editor and Head, Oil Industry and Markets Division Antoine Halff Analysts Lejla Alic (Non-OPEC Supply) Toril Bosoni (Refining) Charles Esser (Non-OPEC Supply) Diane Munro (OPEC Supply and Prices) Matt Parry (Demand) Andrew Wilson (Stocks/Statistics) Statistics Valerio Pilia Ryszard Pospiech Editorial Assistant Annette Hardcastle Contact: (+33) 0 * OilMarketReport@iea.org * 0 - only within France Media Enquiries IEA Press Office (+33) 0 * ieapressoffice@iea.org Subscription and Delivery Enquiries Oil Market Report Subscriptions International Energy Agency BP PARIS Cedex 15, France (+33) 0 * OMRSubscriptions@iea.org (+33) 0 * User s Guide and Glossary to the IEA Oil Market Report For information on the data sources, definitions, technical terms and general approach used in preparing the Oil Market Report (OMR), Medium-Term Oil Market Report (MTOMR) and Annual Statistical Supplement (current issue of the Statistical Supplement dated 9 August 2013), readers are referred to the Users Guide at It should be noted that the spot crude and product price assessments are based on daily Argus prices, converted when appropriate to US$ per barrel according to the Argus specification of products (Copyright 2014 Argus Media Limited - all rights reserved). The Oil Market Report is published under the responsibility of the Executive Director and Secretariat of the International Energy Agency. Although some of the data are supplied by Member-country Governments, largely on the basis of information received from oil companies, neither governments nor companies necessarily share the Secretariat s views or conclusions as expressed therein. OECD/IEA 2014 Next Issue: 13 June 2014