International energy trends : monthly supplement on oil trends, december 1977

Organisation de Coopération Et de Développement Économiques (ocde) (1)

1 OCDE - Organisation de Coopération et de Développement Economiques = Organisation for Economic Co-operation and Development

United States oil consumption in October was slightly below the third quarter average reflecting a drop in middle distillate and heavy fuel oil consumption. Compared to 12 months ago, heavy fuel oil consumption is up, reflecting continued replacement of natural gas by oil and poor hydro conditions. In Japan, September and October consumption was below the third quarter average. The slight downward trend of European oil consumption has continued and oil refiners are pessimistic about immediate trend changes (see Graph 3). Heavy. fuel oil was the most heavily affected up to October, due to weak economic activity and relatively high production of fhydro-electricity.

Domaines: Sciences de l'environnement

Organisation de Coopération Et de Développement Économiques (ocde). International energy trends : monthly supplement on oil trends, december 1977. [Research Report] Organisation de coopération et de développement économiques(OCDE). 1977, 32 p., tableaux, graphiques. ⟨hal-01511638⟩