Note: Through Jan 2, 2015
Source: NY Mercantile Exchange, American Automobile Association
Oil Prices Tumbling
Mainly Due to Rising Supply in the US
Source: EIA
2014 Change, 1000 b/d
Change in Supply Change in Demand
World 1,800 World 960
US 1,560 US 0
Non-OPEC ex US 310 Developed -240
Europe -120
OPEC -70
Emerging 1,190
China 370
Other Asia 250