Bahrain

Sources: IMF (Regional Economic Reports, January 2015 and November 2015), http://www.imf.org/external/pubs/ft/reo/reorepts.aspx?ddlYear=-1&ddlRegions=9 The Wall Street Journal, http://graphics.wsj.com/lists/opec-meeting  

Note: For 2016, its average value from 2000-2016.

Data Insight 28: Crude oil reserves of GCC members countries

The energy balance is the most complete statistical accounting of energy products and their flow in the economy. The energy balance allows users to see the total amount of energy extracted from the environment, traded, transformed and used by different types of end-users. It also allows seeing the relative contribution of each energy carrier (fuel, product). The energy balance allows studying the overall domestic energy market and monitoring impacts of energy policies. The energy balance offers a complete view on the energy situation of a country in a compact format, such as on energy consumption of the whole economy and of individual sectors. The energy balance presents all statistically significant energy products (fuels) of a country and their production, transformation and consumption by different type of economic actors (industry, transport, etc.). Therefore, an energy balance is the natural starting point to study the energy sector. Annual data collection cover in principle the EU Member States, EFTA, EU candidate countries, and potential candidate countries. Time series starts mostly in year 1990. All data in energy balances are presented in terajoules, kilotonnes of oil equivalent and gigawatt hours.

BGR provides the biennial energy study which covers data and developments concerning German and Global energy supplies. In addition the study also provides information on the global generation of renewable energies, including geothermal energy and hydrogen. 

Imports are recorded by country of origin, exports by country of destination; quantities are regarded as imported or exported when they have crossed the political boundaries of the country, whether customs clearance has taken place or not.  The concept of the physical movement of flows applies. The monthly imports and exports data collections cover following energy commodities:solid  fuels (hard coal only)oil and petroleum productsgaselectricity      For solid fuels, crude oil and NGLs, imports and exports are reported by country of ultimate origin, respectively destination, while natural gas, refinery products and feedstocks as well as electricity are reported as coming from the country of last consignment. Quantities of crude oil and petroleum products imported or exported under processing agreements (i.e. refining on account) should be included. However, transit trade, international marine and aviation bunkers are excluded from this data set. Please note that this is different from the definition of natural gas trade in the annual gas questionnaire and from the definition in the previous monthly oil and gas questionnaire (before January 2013). For further information, please consult the Energy Statistics Regulation (Regulation (EC) 1099/2008 on energy statistics) and the reporting instructions. Monthly imports and exports of energy commodities cover the full spectrum of the 28 Member States of the European Union, EFTA States, candidate countries and potential candidates. Â

The Energy sector covers the following variables: OIL PRODUCTION / NATURAL GAS PRODUCTION/Fuel Oil Production/Gas(Diesel Oil )Production /Gasoline Production / Naphtha Production / L.P.G. Production/Asphalt & Other Production/ Electricity production and its consumption The water sector covers Water production and consumption.

Imports are recorded by country of origin, exports by country of destination; quantities are regarded as imported or exported when they have crossed the political boundaries of the country, whether customs clearance has taken place or not.  The concept of the physical movement of flows applies. The monthly imports and exports data collections cover following energy commodities:solid  fuels (hard coal only)oil and petroleum productsgaselectricity      For solid fuels, crude oil and NGLs, imports and exports are reported by country of ultimate origin, respectively destination, while natural gas, refinery products and feedstocks as well as electricity are reported as coming from the country of last consignment. Quantities of crude oil and petroleum products imported or exported under processing agreements (i.e. refining on account) should be included. However, transit trade, international marine and aviation bunkers are excluded from this data set. Please note that this is different from the definition of natural gas trade in the annual gas questionnaire and from the definition in the previous monthly oil and gas questionnaire (before January 2013). For further information, please consult the Energy Statistics Regulation (Regulation (EC) 1099/2008 on energy statistics) and the reporting instructions. Monthly imports and exports of energy commodities cover the full spectrum of the 28 Member States of the European Union, EFTA States, candidate countries and potential candidates.

Oil Prices have decreased significantly since Summer 2014. This affected everyone from producers to consumers. The dataset contains Oil prices needed to meet expenditure, Marginal cost of producing one more barrel of oil and Transportation costs. The data comes from IMF, Deutsche Bank, Citi Research and Reuters 

The monthly oil stocks collection covers the supply of crude oil and petroleum products to the Community. It covers stocks in the following locations: refinery tanks, bulk terminals, pipeline tankage, barges and intercostal tankers (when port of departure and destination are in the same country), tankers in a port of a member country (if their cargo is to be discharged at the port), inland ship bunkers. Exclude military stocks, stocks held in pipelines, in rail tanks cars, in truck tanks cars, in sea-going ships' bunkers, in service stations, in retail stores and in tankers at sea. Two main types of stockholding obligations are existing: •           Emergency stocks, where all Member States are obliged to keep a certain volume of crude oil and petroleum products, based on the annual level of net imports or the annual level of consumption (specifically for producers). •           Specific stocks, where Member States may undertake a commitment to maintain a certain volume of petroleum products, owned by the Government or the Central Stockholding Entity. Monthly oil stocks data collection covers the full spectrum of the 28 Member States of the European Union, from 2013 onwards.   

This dataset contains OAPEC: Organization of Arab Petroleum Exporting Countries crude oil production and crude oil reserves by country  

The monthly energy data collections cover the most important energy commodities:Crude oil & Petroleum productsNatural gasSolid fuelsElectricity For each of the above mentioned commodities the inflowing data are delivered by the reporting countries to Eurostat via separate dedicated questionnaires. Important note: Renewable energies are not explicitly covered by a separate dedicated monthly questionnaire; only partial information, e.g. on biodiesels or on hydroelectricity, is included in other monthly questionnaires respectively.

Short-term monthly energy data collections cover the most important energy commodities: Oil & petroleum productsNatural gasElectricity Short-term monthly data provides information on main flows (quantities) on the supply side. The data collection covers the full spectrum of the 28 Member States of the European Union, EFTA country Norway, candidate countries (the Former Yugoslav Republic of Macedonia, Iceland, and Turkey). Data on monthly short term statistics are collected by standard questionnaires according to Annex D of the Regulation (EC) No 1099/2008 of the European Parliament and of the Council of 22 October 2008 on energy statistics (this questionnaire is shared with the IEA, OECD, UNECE, OPEC, OLADE, APEC, IEFS and corresponds to the so-called Joint Oil Data Initiative, short-named JODI questionnaire). A combination of business surveys and other sources are used e.g. customs data for imports and exports or census including all producing enterprises.