Fonds d’archives Baulin

However, demand for heavy fuel oil dropped by an average of 2.5 % in both Japan and the U.S., while increasing by a mere 1.3 % in Western Europe.

The available data indicates that petroleum products demand has rebounded from the decline it suffred during 1974-75, as indicated in Tables 1 and 2.

OAPEC
December 1976

~~TABLE I~~

Local Demand for Petroleum Products in Major Oil Consuming Countries
During First-Half 1976 7.3 barrels per metric ton
(1000 b/d)

Country

1974

1975

First Half 1975

First Half 1976

% of Change

W. Germany

2,408

2,322

2,255

2,448

8.6

France

2,094

1,921

1,953

2,127

8.9

U.K.

1,857

1,633

1,708

1,657

(3.0)

Italy

1,521

1,468

1,503

1,485

(1.2)

Spain

626

666

652

741

13.6

Sweden

482

474

478

480

0.4

Holland

444

412

409

486

18.8

Belgium

410

391

406

458

12.8

Austria

203

199

177

186

5.1

Total Excluding bunkers and fuel oil used in the refineries

10,045

9,486

9,541

10,068

5.5

U.S.

16,629

16,291

16,359

17,027

4.1

Japan Including exports

4,807

4,530

4,532

4,578

1.0

Total

31,481

30,307

30,432

31,673

4.1

~~Source : Oil & Energy Trends,~~ Sept., 1976.

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