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HOUSE_OVERSIGHT_016111 - HOUSE_OVERSIGHT_016196
w supply (OPEC 4.2): base* demand supply (OPEC 5.5): high nominal oil price real oil price, rebased to 2016YTD price level Source: BP, Bloomberg, BofA Merrill Lynch Commodities Research Source: IEA, BofA Merrill Lynch Commodities Research *4.2 mn b/d OPEC supply: Saudi: 1.3 mn b/d; Iraq: 0.8 mn b/d; other OPEC crude: 1.7 mn b/d; 0.4
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