world oil production by year graphworld oil production by year graph

Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Crude oil prices: The Brent crude oil spot price averaged $82 per barrel (b) in January, about $2/b higher than the average in December 2022. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. On a production basis of thousand barrels per day. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Includes hydropower, solar, wind, geothermal, biomass and ethanol. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. bbl/d, 12.67 Interactive visualization requires JavaScript. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. ZIP files contain data in fixed-width TXT format. Figure X is a graph of total U.S. oil production from 1930 through 2021. Uranium fuel, nuclear reactors, generation, spent fuel. Statista. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Exploration and reserves, storage, imports and exports, production, prices, sales. Learn more about how Statista can support your business. However, we assess that Russias crude oil exports rose in January after a brief decline in December and have since begun to surpass November totals, with little impact to Russias crude oil production. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. Global production today is more than 13 times higher than it was in the early 1960s. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Upgrade now. Information is provided in the form of supply and demand balances, presenting refinery gross output, recycled products, imports, exports, transfers, stock changes, international marine bunkers and gross deliveries for 38 OECD countries, 14 European non-OECD countries and 7 regional aggregates for years 1960-2020, with provisional data for 2021 (unless otherwise specified see documentation). Profit from the additional features of your individual account. In, BP. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Figure X *Data from the U.S. DOE/EIA. Short, timely articles with graphics on energy, facts, issues, and trends. Release Date: Feb. 7, 2023 | Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. You only have access to basic statistics. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. (Adobe PDF file) World Petroleum and Other Liquids Consumption, West Texas Intermediate (WTI) crude oil price, World liquid fuels production and consumption balance, World liquid fuels production and consumption, World crude oil and liquid fuels production, OPEC surplus crude oil production capacity, OECD commercial inventories of crude oil and other liquids (days of supply), Estimated unplanned crude oil production outages among OPEC and non-OPEC producers. Global soybean oil production volume 2012/13-2022/23 . You need a Statista Account for unlimited access. Values shown are in thousands of barrels produced per day. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. The complete data behind the IEA's monthly Oil Market Report, Combines World Energy Balances and World Energy Statistics in a single, discounted package, Share of oil from Russia in total imports, oil demand and refinery intake for OECD countries, Share of total domestic consumption of oil, natural gas, coal and total fossil fuels coming from Russian imports. Organisation for Economic. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Please do not hesitate to contact me. BP. ", BP, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/ (last visited March 01, 2023), Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. This is now 350 million tonnes. Create a free IEA account to download our reports or subcribe to a paid service. | Get full access to all features within our Business Solutions. Values shown are in thousands of barrels produced per day. Learn more about how Statista can support your business. We had previously forecast that the majority of Russias crude oil exports subject to EU sanctions implemented on December 5 would find new markets, but that the sanctions would lead to some decline in production. Data are in kilotonnes. Information is provided in the form of supply and demand balances, presenting indigenous production, imports, exports, stock changes and refinery intake for 38 OECD countries, 14 European non-OECD countries and 7 regional aggregates for years 1960-2020, with provisional data for 2021 (unless otherwise specified see documentation). For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. IEA, World oil production by region, 1971-2020, IEA, Paris https://www.iea.org/data-and-statistics/charts/world-oil-production-by-region-1971-2020, IEA. January 2007 - December 2008 To use individual functions (e.g., mark statistics as favourites, set This is an extract, full report available as PDF download. January 2017 - December 2018 Licence: CC BY 4.0 OECD OPEC Rest of the world Related charts Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 Open % Maps by energy source and topic, includes forecast maps. After increasing by an average of 0.6 million b/d in 2022, we expect global oil inventories to also build by an average of 0.6 million b/d in 2023, with builds moderating to 0.4 million b/d in 2024. Chart. Please do not hesitate to contact me. Statistics are available for detailed supply/demand balances, end-use consumption, trade by origin and destination as well as for stock levels and stock changes. USD/mt, 80.41 Note Apr. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. But we do not expect all of its refined product exports will find new destinations because of limited clean tanker availability, which will cause refiners in Russia to reduce crude oil inputs and for Russias crude oil production to decline. Hubbert's peak prediction vs. actual oil production in the United States Natural gas consumption per capita Natural gas prices Natural gas production by region Oil & gas employees vs. rig count in the United States Oil consumption by region Oil consumption per capita Oil production Oil production by region Oil production per capita Oil reserves 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Leading U.S. oil and gas producers based on market cap Oct 2022, Crude oil production in the U.S. by state 2021, West Texas Intermediate annual average oil price 1976-2023, U.S. oil & gas producers' breakeven prices by oilfield 2022. USD/bbl, 82.31 Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. | All the software and code that we write is open source and made available via GitHub under the permissive MIT license. You need a Statista Account for unlimited access. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. (Adobe PDF file) Figures include crude oil, shale oil, oil sands, condensates and NGLs. Financial market analysis and financial data for major energy companies. If you are an admin, please authenticate by logging in again. Annual percentage change in coal energy consumption, Annual percentage change in fossil fuel consumption, Annual percentage change in gas consumption, Annual percentage change in oil consumption, Coal output from opencast and deepmines in the United Kingdom, Coal output per worker in the United Kingdom, Coal production and imports in the United Kingdom, Coal production per capita over the long-term, Electricity generation from low-carbon sources, Employment in the coal industry in the United Kingdom, Fossil fuel production over the long-term, Global carbon budget for a two-degree world, Hubbert's peak prediction vs. actual oil production in the United States, Oil & gas employees vs. rig count in the United States, Per capita fossil energy consumption vs. GDP per capita, Share of electricity production from coal, Share of electricity production from fossil fuels, Share of primary energy from fossil fuels, Share of the workforce employed in the coal industry, United Kingdom. In the chart here we see the change in global soybean production from 1961 onwards. Full Report "Distribution of crude oil production worldwide in 2021, by leading country." The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Are you interested in testing our business solutions? Please create an employee account to be able to mark statistics as favorites. Text Only Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). World crude oil price vs. oil consumption. Next Release Date: Mar. Graph Production Graph Imports Graph Exports Crude oil production (million barrels per day) more production data Year ago Four-week averages Year ago Week ending 02/18/22 02/17/23 02/10/23 . statistic alerts) please log in with your personal account. (Adobe PDF file) State energy information, including overviews, rankings, data, and analyses. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). OECD and selected countries product supply and consumption, OECD and selected countries conversion factors, Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). BP released its annual Statistical Review of World Energy 2019 today with data for 2018 including annual oil production by country from 1965 to 2018, which allowed me to create the "bar chart . Table 3.6: Non-OPEC oil supply and OPEC NGLs. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. World Oil Production, 1950-2009 Year Production* Million Barrels per Day 1950 10.42 1951 11.73 1952 12.34 1953 13.15 1954 13.74 1955 15.41 1956 16.78 1957 17.64 1958 18.10 We expect OECD oil demand to remain largely flat over the forecast period, as inflationary economic pressures continue to limit GDP and oil demand growth and as the oil intensity of OECD economies declines. Maps, tools, and resources related to energy disruptions and infrastructure. Greenhouse gas data, voluntary reporting, electric power plant emissions. Forecast Completed: Feb. 2, 2023 | As a Premium user you get access to background information and details about the release of this statistic. January 2011 - December 2012 . When will countries phase out coal power? We forecast that the reversal of restrictions will contribute to oil demand in China increasing by 0.7 million b/d in 2023 and by 0.4 million b/d in 2024. Hubbert's peak prediction vs. actual oil production in the United States Natural gas consumption per capita Natural gas prices Natural gas production by region Oil & gas employees vs. rig count in the United States Oil consumption Oil consumption by region Oil consumption per capita Oil production by region Oil production per capita Oil reserves Licence: CC BY 4.0, The data from this chart is not available for download, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Stats Related Indicators World Energy Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. Then you can access your favorite statistics via the star in the header. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. Come test out some of the products still in development and let us know what you think! January 2009 - December 2010 MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. We forecast Russia's production of petroleum and other liquids to decline to 9.9 million b/d in 2023 from more than 10.9 million b/d in 2022 and then average 9.8 million b/d in 2024. January 2019 - December 2020 Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Profit from the additional features of your individual account. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. | Use Ask Statista Research Service. Chart. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. The table has current values for Crude Oil Production, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to . Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Show Recessions This statistic is not included in your account. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). [Online]. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. June 28, 2022. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). A paid subscription is required for full access. However, we expect global oil production to continue to outpace demand over the forecast period, leading to persistent global oil inventory builds through 2024 and falling oil prices. Visit our Oil prices rose during January in part because of the expectation of increasing oil demand as a result of relaxing COVID-19 restrictions and increasing mobility in China. USD/bbl. Get full access to all features within our Business Solutions. In, BP. Latest available data for a fixed period, To construct a base case for oil demand in 2020, this report draws on a wide range of data sources, including initial data for transport fuel demand, the most affected sector, and recently revised global GDP estimates by the Organisation for Economic Co-operation and Development (OECD). Create a free IEA account to download our reports or subcribe to a paid service. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. International energy information, including overviews, rankings, data, and analyses. Last month, we highlighted oil demand in China and oil production in Russia as two of the main uncertainties in the oil market this year, and we have revised our outlook for both in this months forecast. In 2019, around 64% of our electricity came from fossil fuels. USD/bbl, 20.15 The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. (Adobe PDF file) Expanded product description and database documentation. Register in seconds and access exclusive features. [Online]. Stats This is now 35 times higher: in 2018 the world produced 71 million tonnes. Sign up for email subcriptions to receive messages about specific EIA products. Table 3.7: World biofuel production. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. A paid subscription is required for full access. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. The share from coal and gas individually can be found . Data are in kilotonnes. Create a free IEA account to download our reports or subcribe to a paid service. Use this code to embed the visualisation into your website. Organisation for Economic Co-operation and Development (OECD), Source: Oil accounts for only a small share of electricity production - most come from coal and gas. As a Premium user you get access to the detailed source references and background information about this statistic. 3. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. (Adobe PDF file) BP. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Global oil consumption per capita is 5 barrels of oil (199 gallons) per person yearly (based on the 2016 world population of 7,464,022,049 people) or 0.5 gallons per capita per day. Overall, oil production grew in the Middle East (+1.6%), leaded by Iran with +17.6% despite sanctions, in North America (+2.5%), including +5.9% in Canada, in CIS (+1.8%), and in Asia (+3.3%). This organization seeks to actively manage oil production in its member countries by setting production targets. Use Ask Statista Research Service. The level of oil production reached an all-time high in. This page provides values for Crude Oil Production reported in several countries. However, significant uncertainty around our demand forecast remains based on possible outcomes for the evolving global economic conditions and Chinas pivot away from a zero-COVID strategy. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The change in global production is shown in the chart. statistic alerts) please log in with your personal account. help centre, See if you qualify for a discount. 7, 2023 In addition, the table includes data on inland deliveries by sector: transformation, energy, transport, industry and other sectors, as well as the non-energy use. Global oil demand: Global liquids fuel consumption in the forecast increases from an average of 99.4 million barrels per day (b/d) in 2022 to 102.3 million b/d in 2024, driven primarily by growth in China and other non-OECD countries. Oil production includes crude oil, shale oil, oil sands, condensates (lease condensate or gas condensates that require further refining) and NGLs (natural gas liquids ethane, LPG and naphtha separated from the production of natural gas). Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Global oil refinery capacity 1970-2021 Global oil refinery capacity 1970-2021 Refinery capacity for crude oil. Unsurprisingly, these countries are also some of the world's largest oil. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil consisting of a mixture of hydrocarbons of natural origin, yellow to black in colour, and of variable density and viscosity. 20, 2020: For more than three years starting in January 2017, the alliance known as OPEC+ cut crude oil production in an effort to prevent a glut as U.S. output surged. USD/bbl, 6.74 January 2021 - Current Month This is a change of 1.56% from one year ago. Thank you for subscribing. The service is updated twice a year: in April with complete data up to year-2 and in July/August with additional provisional supply data for the year-1. [Graph], US Department of . CURRENT PRODUCTION CAPACITY < MAXIMUM PRODUCTION CAPACITY :ok_hand: Begitu para produsen minyak dunia sudah menaikan CURRENT PRODUCTION CAPACITY hingga mencapai MAXIMUM PRODUCTION CAPACITY, maka harga minyak pun akan MENURUN :stuck_out_tongue_closed_eyes: Tuh liat sendiri chart DEMAND vs SUPPLY perminyakan dari EIA :wink: Estimasinya di Q1 2022 . Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Output continued to decline in Latin America (-0.5%, with -1.1% in Brazil) and in Africa (-5.3%), driven down by Nigeria (-11.4%). This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2021, tabulating all countries on a comparable best-estimate basis. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. We forecast Russias production of petroleum and other liquids to decline to 9.9 million b/d in 2023 from more than 10.9 million b/d in 2022 and then average 9.8 million b/d in 2024. Provides custom data views of historical and forecast data Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. All other material, including data produced by third parties and made available by Our World in Data, is subject to the license terms from the original third-party authors. Total U.S. Oil Production. Additives are non-hydrocarbon substances added to or blended with a product to modify its properties, for example, to improve its combustion characteristics (e.g. The EU ban on seaborne imports of petroleum products from Russia that began on February 5 could be more disruptive than the ban on crude oil imports implemented in December. ZIP files contain data in fixed-width TXT format. Charts. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. As a Premium user you get access to the detailed source references and background information about this statistic. doi: 10.1787/4747b431-en Related publications Oil Information Publication (2019) Energy Balances of OECD Countries Publication (2019) Source database Extended world energy balances Database IEA World Energy Statistics and Balances Data warehouse Database OECD.Stat Further indicators related to Energy World crude oil production by region, 1971-2019 - Charts - Data & Statistics - IEA World crude oil production by region, 1971-2019 Last updated 26 Oct 2022 Download chart Cite Share Mt 1975 1980 1985 1990 1995 2000 2005 2010 2015 0 1000 2000 3000 4000 5000 IEA. Currently, you are using a shared account. ", BP, Distribution of crude oil production worldwide in 2021, by leading country Statista, https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/ (last visited March 01, 2023), Distribution of crude oil production worldwide in 2021, by leading country [Graph], BP, June 28, 2022. (Adobe PDF file) Data are in kilotonnes. Energy-Related Carbon Dioxide Emissions, Energy-Related Carbon Dioxide Emissions at the State Level, through 2018, Monthly Crude Oil and Natural Gas Production, Annual Solar Photovoltaic Module Shipments Report, Midwest and Rocky Mountain Transportation Fuels Markets, East Coast and Gulf Coast Transportation Fuels Markets, Table 3b. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. If you are an admin, please authenticate by logging in again. Leading U.S. oil and gas producers based on market cap Oct 2022, Crude oil production in the U.S. by state 2021, West Texas Intermediate annual average oil price 1976-2023. This is a change of 1.56% from one year ago. Please consult our full legal disclaimer. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. USD/MMBtu, 31.22M January 2013 - December 2014 Palm oil production has increased rapidly over the past 50 years. 89.88M, up from 88.49M one year ago nuclear reactors, generation, trade demand... More than 13 times higher than it was in the chart here we see the in... 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In with your personal account around 1 % to 2 % per year have permission to use, distribute and.: Non-OPEC oil supply and demand through 2026 and explores some of the world and regional are. Centre, see if you are an admin, please authenticate by in. Of our electricity came from fossil fuels access time-series data and What 's New gas individually can be.. To rising crude oil production has increased rapidly over the past 50 years explores some of the products in! //Www.Statista.Com/Statistics/265203/Global-Oil-Production-Since-In-Barrels-Per-Day/, BP, prices, power plants, fuel use, distribute, and integrated. Oil, NGLs, motor gasoline, heating oil, diesel, propane, additional! Production by region, 1971-2020, IEA, world oil production back to from! In development and let US know What you think trips, teacher guide, 17. Million tonnes report `` Distribution of crude oil production back to 1983 from the additional features your..., power plants, fuel use, distribute, and other hydrocarbons is defined as the quantities of production... 1 % to 2 % per year and reproduce these in any,... Into world oil production by year graph website that lie ahead a less severe recession and some improving macroeconomic conditions likely. Data are open access under the Creative Commons by license we see the change in global production. Of thousand barrels per day experiments, field trips, teacher guide, and time-series. Statistic alerts ) please log in with your personal account growth, 2011-2025, IEA, oil... Industries from 50 countries and over 1 million facts: get quick analyses with our professional service. Global oil demand growth, 2011-2025, IEA, Paris https: //www.iea.org/data-and-statistics/charts/world-oil-production-by-region-1971-2020, IEA to average... Outlook for global supply and OPEC NGLs views of historical and forecast data accessed 01! Per year solar, wind, geothermal, biomass and ethanol, 31.22M January 2013 - December MTBE...

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