ECONOMIC & ENERGY INDICATORS

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CIA-RDP83-00452R000200340002-1
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Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Directorate of Intelligence Economic & Energy Indicators 14 May 1982 GI EEI 82-010 14 May 1982 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 This publication is prepared for the use of US Government officials, and the format, coverage, and content are designed to meet their specific requirements. US Government officials may obtain additional copies of this document directly or through liaison channels from the Central Intelligence Agency. 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Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Economic & Energy Indicators Economic Industrial Production Gross National Product Consumer Prices Money Supply Unemployment Rate Foreign Trade Current Account Balance Export Prices in US $ Import Prices in US $ Exchange Rate Trends Money Market Rates Agricultural Prices Industrial Materials Prices Energy World Crude Oil Production, Excluding Natural Gas Liquids 8 Big Seven: Inland Oil Consumption 9 Big Seven: Crude Oil Imports 9 OPEC: Crude Oil Official Sales Price 10 OPEC: Average Crude Oil Official Sales Price (Chart) 11 Foreword The EEI provides up-to-date information on changes in economic and energy activities of major countries. It is updated from press ticker and embassy reporting whenever possible. Sources are revised periodically. The most recent date of publication for the source notes is I 1 December 1980. Comments and queries are welcome. Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Percent Change From Previous Period (Seasonally Adjusted at an Annual Rate) IV I II III IV I Oct Nov Dec Jan Feb Mar United States 4.4 -3.6 2.6 19.3 8.4 1.9 1.4 -16.5 -12.7 -18.1 -20.3 -21.4 -21.1 15.5 -8.9 Japan 8.3 7.0 3.1 6.1 6.7 -1.3 6.6 11.0 -4.0 19.2 -3.9 -8.4 -0.8 -0.8 -10.7 West Germany 5.0 0.2 -1.2 -3.7 5.1 -3.6 2.5 -3.7 0 -10.6 -10.7 25.1 0 France 4.5 -1.0 -2.1 -7.8 -4.0 3.1 0 6.3 0 0 19.9 -36.9 -9.0 United Kingdom 0.5 -8.7 -6.3 -14.9 -5.2 0.8 4.0 0.6 14.1 -18.0 -20.5 1.4 24.0 Italy 6.7 5.5 -2.5 22.7 4.1 -9.2 -16.0 21.6 -32.5 129.4 -51.5 8.2 143.8 Canada 4.7 -1.6 9.5 3.5 9.4 Percent Change From Previous Period (Constant Market Prices; Seasonally Adjusted at an Annual Rate) III IV I II III IV I United States 3.2 -0.2 2.0 2.4 3.8 8.6 -1.6 1.4 -4.5 -3.9 Japan 5.2 4.2 3.0 4.8 2.9 3.0 4.8 3.0 -3.5 West Germany 4.4 1.8 -0.3 -0.9 -1.4 2.2 -2.0 2.7 0.4 France 3.2 1.4 0.7 0.4 0.5 -1.4 5.1 0.8 1.7 United Kingdom 1.3 -1.9 1.3 -1.3 1.0 NA NA NA Italy 4.9 3.9 -0.2 -10.8 9.5 3.3 -4.1 -6.6 10.6 Canada 3.0 Negl 3.0 0.6 9.4 3.9 5.8 -3.4 -2.1 Percent Change From Previous Period (Seasonally Adjusted at an Annual Rate) 1979 1980 1981 1980 1981 1982 1981 1982 United States 11.3 13.5 10.3 Japan 3.5 8.1 4.9 West Germany 4.1 5.5 6.0 France 10.7 13.5 13.4 15.7 21.2 19.3 IV I II III IV I Nov Dec Jan Feb Mar Apr 12.6 10.2 8.7 12.1 7.5 2.6 5.7 4.6 3.3 0.4 -2.2 5.5 5.3 2.4 3.4 5.1 7.0 9.2 -3.6 0.1 5.0 6.1 6.4 6.9 6.9 3.0 5.8 3.8 3.8 0.9 12.6 12.6 14.0 15.4 14.7 12.0 15.1 10.3 10.5 13.1 21.0 19.3 19.3 16.7 17.6 13.2 17.8 16.4 10.6 11.6 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Money Supply, M-1 Percent Change From Previous Period (Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate) United States a 7.7 6.3 7.0 Japan 10.0 0.8 3.7 West Germany 7.5 2.4 1.1 France 12.3 8.4 12.7 United Kingdom 12.3 4.5 11.0 Italy 23.5 15.9 11.2 Canada 6.9 6.3 3.9 IV I II III IV I Oct Nov Dec Jan Feb Mar 11.6 4.6 9.6 0.2 5.9 10.8 4.8 10.1 13.1 23.1 -3.4 2.4 -4.0 3.3 23.6 0.9 10.3 18.9 11.5 -0.5 24.8 14.9 11.7 -4.6 -4.3 0.8 1.5 3.8 -9.1 32.3 2.0 -4.4 4.6 6.6 11.1 12.0 16.4 16.0 17.0 13.9 -0.6 0.3 0 8.8 6.8 21.8 NA 34.0 5.5 NA 34.0 0.7 24.2 -4.4 -8.7 15.2 16.5 5.9 2.9 9.5 -3.0 3.9 65.2 24.7 16.3 1.2 4.7 -3.8 -16.0 15.1 -20.3 -23.7 120.1 17.2 -22.0 -1.0 Unemployment Rate Percent a (Seasonally adjusted) IV I II III IV I Oct Nov Dec Jan Feb Mar United States 5.9 7.2 7.6 7.4 7.4 7.4 7.4 8.4 8.8 8.0 8.3 8.8 8.5 8.8 9.0 Japan 2.1 2.0 2.2 2.1 2.2 2.3 2.2 2.2 2.2 2.1 2.2 2.2 2.3 West Germany 3.3 3.4 4.9 3.7 4.1 4.6 5.1 5.7 6.1 5.5 5.7 5.9 5.9 .6.1 6.2 France 6.2 6.6 6.8 7.3 7.8 8.1 8.0 8.1 United Kingdom 5.4 6.8 8.3 9.5 10.4 10.9 Italyb 7.7 7.6 7.5 7.7 8.7 8.8 Canada 7.4 7.5 7.6 7.3 7.3 7.2 7.6 8.4 8.6 8.3 8.3 8.6 8.3 8.6 9.0 a Unemployment rates for France are estimated. For comparison with the US rate, the rates for France and the United Kingdom should be increased by 5 percent and 15 percent respectively. Italian rates should be decreased by 50 percent; the rates for Japan, Canada, and West Germany are comparable to US rates. b Quarterly data. Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 United States a Exports 181.6 220.7 233.5 57.2 60.0 58.4 57.9 57.2 56.0 19.2 19.2 18.9 18.7 18.7 18.6 Imports 206.3 245.0 261.0 61.6 65.6 65.5 64.6 65.3 62.3 23.1 22.5 19.7 22.8 19.1 20.3 Balance -24.6 -24.3 -27.5 -4.5 -5.6 -7.1 -6.8 -8.1 -6.2 -3.9 -3.4 -0.9 -4.1 -0.4 -1.7 Japan Exports 101.2 125.9 149.6 34.8 37.3 37.5 37.4 37.4 37.5 12.8 12.5 12.1 13.7 12.0 11.8 Imports 99.4 124.2 129.5 31.9 33.7 32.5 30.8 32.5 33.1 10.3 11.1 11.1 11.5 11.0 10.6 Balance 1.7 1.7 20.2 2.9 3.6 5.1 6.6 4.9 4.4 2.4 1.4 1.0 2.1 1.0 1.2 West Germany Exports 171.8 193.2 175.8 45.8 44.0 42.7 42.0 47.0 15.4 16.0 15.6 15.0 15.0 Imports 151.7 178.8 155.6 43.0 41.2 37.9 36.9 39.6 13.0 13.6 13.0 12.9 12.8 Balance 20.1 14.3 20.2 2.9 2.8 4.8 5.1 7.4 2.4 2.4 2.5 2.0 2.2 France Exports 100.6 116.0 106.7 28.8 27.2 26.5 26.1 26.9 8.8 9.0 9.1 8.8 8.6 Imports 103.3 130.2 116.5 32.1 29.9 28.6 28.0 30.0 9.7 10.0 10.3 10.0 9.4 Balance -2.7 -14.2 -9.8 -3.2 -2.7 -2.1 -1.9 -3.1 -0.9 -1.0 -1.2 -1.2 -0.9 United Kingdom Exports 86.6 110.2 28.4 8.4 9.0 Imports 93.9 107.3 25.3 23.3 23.2 7.8 9.1 Balance -7.3 2.9 3.0 0.5 -0.2 Italy Exports 72.0 77.9 75.5 18.6 17.6 18.7 19.8 19.4 7.0 6.7 5.7 7.7 6.3 Imports 71.8 93.3 85.1 22.7 20.6 22.0 22.2 20.3 7.1 7.1 6.1 8.4 8.0 Balance 0.2 -15.4 -9.6 -4.2 -3.0 -3.2 -2.4 -1.0 -0.2 -0.4 -0.4 -0.7 -1.7 Canada Exports 56.0 65.0 69.8 16.9 17.0 18.0 17.2 17.6 5.7 6.1 5.8 5.3 5.9 Imports 53.7 59.1 65.8 15.2 15.9 17.2 16.9 15.7 5.2 5.1 5.4 4.4 5.1 Balance 2.4 5.9 4.0 1.6 1.0 0.8 0.3 1.9 0.5 1.0 0.4 0.9 0.7 IV I II III IV I Oct Nov Dec Jan Feb Mar United States b 1.4 3.7 6.6 1.4 3.3 1.2 2.1 -0.1 Japan -8.8 -10.7 4.7 0.6 -2.1 1.5 3.5 1.8 -0.9 1.8 -1.1 1.1 -1.9 Negl 0.9 West Germany -6.2 -16.5 -7.5 -2.4 -4.4 -2.6 -4.6 4.2 1.4 0.6 2.2 -1.3 -0.3 France 1.1 -7.9 -1.8 -3.0 0.3 -2.2 United Kingdom -1.7 7.4 5.7 Italy 5.5 -9.8 -8.7 -2.9 -5.8 -2.3 0.3 -0.9 Canada -4.2 -1.6 -5.5 Negl -1.7 -1.9 -1.1 -0.8 a Converted to US dollars at current market rates of exchange. b Seasonally adjusted. All data is quarterly except for Japan and West Germany. Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 1979 1980 1981 1980 1981 1981 1982 III IV I II III IV Sep Oct Nov Dec Jan Feb United States 17.3 27.4 5.4 9.3 8.1 17.0 -2.0 -12.2 -3.6 -10.2 0.7 -4.9 13.0 26.4 Japan 23.6 37.0 3.4 -1.1 6.1 14.8 -5.5 -10.6 -3.5 -12.0 -25.4 61.7 -28.0 -18.3 -10.9 West Germany 20.3 15.3 -9.5 9.3 -14.5 -8.5 -27.6 -6.7 22.4 13.9 35.9 12.1 7.2 -2.8 -35.5 France 16.8 19.4 -7.7 18.2 -15.0 -8.1 -23.0 -2.1 4.7 7.7 -11.9 22.4 10.6 25.6 United Kingdom 22.6 25.2 18.8 4.3 -7.3 -20.4 -27.0 1.7 63.5 46.2 Italy 21.1 26.2 1.1 8.1 -4.4 9.1 -13.2 1.6 -2.2 77.3 -52.8 35.3 0.4 7.1 Canada 11.3 16.8 8.1 18.7 -2.4 19.1 5.9 5.5 -2.5 -38.3 -7.8 -15.1 120.9 -25.1 15.4 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 1979 1980 1981 1980 1981 1981 1982 III IV I II III IV Sep Oct Nov Dec Jan Feb 10.6 9.2 15.7 19.7 9.2 3.9 3.0 3.7 2.4 12.6 1.6 -0.8 29.2 7.8 5.7 8.6 14.4 16.8 -15.1 -12.1 23.7 -1.5 78.3 14.3 -22.9 15.1 -41.1 7.9 -13.9 14.1 -18.8 -23.8 -27.4 -16.1 45.2 106.3 67.2 17.5 19.6 -20.4 -29.7 11.7 -11.9 19.5 -16.0 -22.5 -25.2 -7.6 16.1 176.6 -33.5 60.9 -11.2 23.0 28.6 3.4 -2.9 NA NA 1.7 51.4 68.0 17.5 -7.8 12.6 -13.7 -13.0 -20.0 -3.9 12.0 95.1 -8.6 -6.4 1.1 8.0 17.5 4.3 14.0 -4.4 25.9 -15.5 4.8 8.0 -12.9 1.5 50.9 -0.6 54.2 -50.7 United States 16.0 Japan 4.6 West Germany 12.8 France 16.1 United Kingdom 22.6 Italy 20.2 Canada 17.8 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 United States -1.0 -0.2 9.1 -9.6 8.3 12.3 24.5 20.2 -11.4 -27.4 -6.3 -19.6 Japan -6.8 -4.0 10.3 17.4 28.0 23.0 -12.1 -9.1 6.0 -0.2 -17.6 45.7 West Germany 3.9 0.4 -2.5 -0.8 -8.5 -5.0 NegI -1.1 16.1 25.5 37.7 -1.4 France United Kingdom 5.8 9.4 1.6 9.6 19.7 12.2 -12.7 -24.9 -4.9 -38.6 -0.5 31.1 Italy -4.3 -4.3 -8.6 -5.4 -6.3 -10.2 -14.6 -3.1 -13.0 -0.3 -28.5 -10.8 Canada Dollar Cost of West Germany 9.5 0.9 -19.4 8.1 -25.2 -29.5 -29.7 -23.1 36.6 110.4 65.5 14.1 United Kingdom 10.5 9.6 -12.8 18.5 0.7 -12.1 -34.3 -39.2 10.4 -3.7 18.7 48.6 Italy 2.1 -2.8 -24.4 3.8 -24.6 -32.9 -39.2 -24.5 6.0 74.0 -6.9 2.9 Canada -2.7 0.2 -2.5 4.1 -8.3 -3.2 -1.7 -4.2 6.8 24.5 -2.0 17.1 0.4 18.2 39.5 31.5 -21.0 -32.9 -1.6 -0.4 1.4 12.4 5.4 5.9 -1.0 -3.6 -0.8 24.9 -14.2 -17.3 0.5 -13.4 2.1 United States 90-day certificates of deposit, secondary market 11.22 13.04 15.91 Japan loans and discounts (2 months) 6.10 11.44 7.45 West Germany interbank loans (3 months) 6.65 9.45 12.06 France interbank money market (3 months) 9.46 12.17 15.24 United Kingdom sterling interbank loans (3 months) 13.61 16.58 13.83 Italy Milan interbank loans (3 months) 12.04 17.48 19.96 Canada finance paper (3 months) 11.92 13.12 18.31 Eurodollars 3-month deposits 11.97 14.04 16.79 III IV I II III IV Sep Oct Nov Dec Jan Feb 9.95 15.66 15.92 16.76 17.52 13.45 16.84 15.39 12.48 12.49 13.55 15.00 12.13 10.11 8.42 7.15 7.21 7.01 7.26 7.13 7.15 6.75 6.41 6.38 9.14 9.49 11.20 13.11 12.76 11.16 12.48 11.72 11.05 10.72 10.43 10.22 11.63 11.49 11.94 15.86 17.46 15.71 17.65 16.47 15.35 15.30 15.07 14.88 16.05 15.46 13.30 12.40 14.08 15.54 14.60 16.27 15.03 15.31 15.41 14.47 17.43 17.71 17.69 20.11 20.93 21.12 21.07 21.00 21.12 21.24 21.38 21.34 10.70 13.83 17.04 18.53 20.63 17.04 20.42 18.84 16.53 15.75 15.01 15.25 10.74 16.49 16.87 17.62 18.36 14.31 17.80 16.36 13.33 13.24 14.29 15.75 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Agricultural Prices 1979 1980 1981 1981 1982 1981 1982 III IV I Nov Dec Jan Feb Mar Apr Beef (? per pound) Australia (Boneless beef, f.o. b., US Ports) United States (Wholesale steer beef, midwest markets) 101.1 104.3 100.0 104.9 95.0 100.6 94.6 93.8 97.5 101.2 . 103.2 NA _ Cocoa (t per pound) 144.3 113.5 89.8 95.2 91.6 89.7 88.3 91.6 95.6 89.6 83.8 75.2 Coffee (S per pound) 1.72 1.54 1.28 1.26 1.41 1.48 1.44 1.41 1.44 1.56 1.45 1.41 Corn (Central Illinois No. 2 yellow, $per bushel) 2.66 3.01 3.14 3.02 2.58 2.63 2.61 2.52 2.63 2.63 2.63 2.58 Cotton (Memphis middling 1 1/ 16 inch, $ per pound) 0.6328 0.8219 0.7243 0.6738 0.5771 0.5968 0.5737 0.5517 0.5876 0.5894 0.6136 0.6318 Palm Oil (United Kingdom 5% bulk, c.i.f., $ per metric ton) 653.84 583.08 570.67 546.67 498.67 514.0 500.00 483.00 502.00 533.0 507.0 NA Rice (New Orleans No. 2, milled f.o.b., S per metric ton) Soybeans (Central Illinois No. I yellow, S per bushel) 7.07 6.95 6.98 6.81 6.27 6.19 6.30 6.21 6.28 6.17 6.12 6.26 Soybean Oil (S per pound) 0.2768 0.2375 0.2129 0.2098 0.1945 0.1838 0.1986 0.1886 0.1844 0.1819 0.1851 0.1966 Sugar (World raw London, bulk 0 per pound) 9.57 28.63 16.88 14.26 12.29 12.44 11.87 12.95 12.90 13.11 11.31 9.54 Wheat (Kansas City No. 2 hard winter, S per bushel) 3.97 4.33 4.36 4.18 4.37 4.27 4.46 4.34 4.33 4.26 4.23 4.28 Food Index a 188 232 203 196 182 183 183 181 184 186 179 176 (1975=100) a The food index is compiled by The Economist for 16 food commodities which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 1979 1980 1981 1981 1981 1982 II III IV Oct Nov Dec Jan Feb Mar Apr 60.1 71.6 77.3 77.0 78.0 78.0 78.0 78.0 78.0 76.5 76.0 76.0 76.0 Chrome Ore 56.0 55.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 52.0 (South Africa chemical grade, $ per metric ton) Copper a 89.8 98.68 79.01 79.6 78.4 75.10 75.4 74.8 75.0 73.0 72.4 68.5 68.8 (bar, ? per pound) Gold 306.8 612.1 460.0 480.0 422.1 419.9 436.5 413.0 410.1 384.1 374.1 330.3 347.1 (S per troy ounce) Manganese Ore 67.2 78.5 82.1 81.8 82.4 82.2 83.0 81.8 81.8 81.8 81.8 81.8 81.8 (48% Mn, $ per long ton) Platinum 351.5 439.5 475.0 475.0 475.0 475.0 475.0 475.0 475.0 475.0 475.0 475.0 475.0 (major producer, S per troy ounce) Synthetic b 41.1 40.6 47.5 48.5 48.2 48.0 47.0 51.5 45.4 42.9 45.8 45.9 NA Natural c 64.6 73.8 56.8 59.3 53.1 46.9 46.3 46.1 48.3 48.3 47.1 47.1 46.0 Silver 11.05 20.7 10.53 10.83 9.23 8.76 9.24 8.57 8.46 8.00 8.30 7.24 7.29 (S per troy ounce) Steel Scrap d 99.4 91.2 92.0 95.7 92.3 79.3 83.2 76.8 77.9 84.3 82.2 75.0 NA (S per long ton) Tina 698.8 761.3 641.4 583.9 646.1 707.2 683.2 715.2 723.2 731.1 724.9 578.7 571.5 (0 per pound) Tungsten Ore 17,504 18,219 18,097 18,373 18,526 16,583 17,264 16,646 15,839 16,015 15,858 14,355 13,115 (contained metal, S per metric ton) US Steel 447.7 486.2 543.5 532.6 552.5 564.4 564.4 564.4 564.4 564.4 564.4 573.3 NA (composite, S per long ton) Lumber Index a 188 167 159 167 158 (1975-100) Industrial 171 184 166 168 164 Materials Index r (1975-100) a Approximates world market price frequently used by major world producers and traders, although only small quantities of these metals are actually traded on the LME. b S-type styrene, US export price. c Quoted on New York market. d Average of No. I heavy melting steel scrap and No. 2 bundles delivered to consumers at Pittsburgh, Philadelphia, and Chicago. e This index is compiled by using the average of 12 types of lumber whose prices are regarded as bellwethers of US lumber construction costs. r The industrial materials index is compiled by The Economist for 19 raw materials which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Approved For Release 2007/08/07: CIA-RDP83-00452ROO0200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 World Crude Oil Production Excluding Natural Gas Liquids World 59,656 60,109 62,599 59,445 55,711 Non-Communist Countries 46,660 46,434 48,636 45,206 41,477 Developed countries 11,346 12,196 12,757 12,859 12,879 United States 8,245 8,707 8,533 8,595 8,568 8,695 Canada 1,320 1,313 1,496 1,424 1,285 United Kingdom 768 1,082 1,568 1,622 1,811 1,911 Norway 280 356 403 528 501 554 Other 733 738 757 690 714 Non-OPEC LDCs 4,089 4,431 4,951 5,457 5,931 Mexico 981 1,209 1,461 1,937 2,312 2,314 Egypt 415 485 525 595 598 Other 2,693 2,737 2,965 2,925 3,021 OPEC 31,225 29,807 30,928 26,890 22,667 21,262 Algeria 1,100 1,161 1,154 1,012 805 800 Ecuador 183 202 214 204 211 200 Gabon 222 209 203 175 151 140 Indonesia 1,686 1,635 1,591 1,577 1,604 1,492 Iran 5,663 5,242 3,168 1,662 1,380 1,100 Iraq 2,348 2,562 3,477 2,514 1,000 1,500 Kuwait b 1,784 1,894 2,213 1,387 939 650 Libya 2,063 1,983 2,092 1,787 1,140 1,000 Neutral Zone c 393 473 568 538 371 305 Nigeria 2,085 1,897 2,302 2,055 1,430 1,750 Qatar 445 487 508 472 405 403 Saudi Arabia b 9,017 8,066 9,251 9,631 9,629 8,500 UAE 1,998 1,830 1,831 1,709 1,501 1,448 Abu Dhabi 1,651 1,446 1,463 1,350 1,132 1,065 Dubai 319 362 354 349 359 374 Sharjah 28 22 14 10 10 9 Venezuela 2,238 2,166 2,356 2,167 2,101 1,974 Communist countries 12,996 13,675 13,963 14,239 14,234 'USSR 10,650 11,140 11,400 11,700 11,800 China 1,874 2,082 2,122 2,114 2,024 Other 472 453 441 425 410 a Preliminary. b Excluding Neutral Zone production, which is shown separately. Production is shared equally between Saudi Arabia and Kuwait. Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Big Seven: Inland Oil Consumption United States a 18,847 18,513 17,006 15,983 15,523 15,983 16,839 15,978 15,006 Japan 5,115 5,171 4,674 4,448 4,107 4,706 West Germany 2,596 2,664 2,356 2,101 France 2,077 2,107 1,965 1,741 1,343 1,959 1,768 1,817 1,823 United Kingdom 1,683 1,690 1,422 1,315 1,193 1,412 1,381 Italy b 1,551 1,620 1,602 1,705 1,552 1,727 1,801 1,795 1,807 Canada 1,701 1,765 1,730 1,617 1,610 1,595 a Including bunkers, refinery fuel, and losses. b Principal products only. Big Seven: Crude Oil Imports II III IV Jan Feb Mar United States 6,356 6,519 5,220 4,406 4,217 4,404 4,188 3,648 3,138 3,142 Japan 4,662 4,846 4,373 3,919 4,021 3,557 3,837 4,094 4,499 West Germany 1,913 2,147 1,953 1,595 1,569 1,558 1,556 1,528 France 2,302 2,520 2,182 1,804 1,739 1,599 1,774 1,947 1,791 United Kingdom 1,318 1,157 893 683 696 801 744 Italy 2,212 2,292 1,860 1,705 1,719 1,850 Canada 621 616 557 571 512 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 OPEC: Crude Oil Official Sales Price a Berri 39* API 1.16% sulfur 12.85 13.22 19.33 30.19 34.04 35.40 35.40 Light 34? API 1.70% sulfur 12.40 12.70 17.26 28.67 32.50 34.00 34.00 Medium 310 API 2.40% sulfur 12.01 12.32 16.79 28.12 31.84 32.40 32.40 Heavy 27? API 2.85% sulfur 11.70 12.02 16.41 27.67 31.13 31.00 31.00 Light 341 API 1.35% sulfur 12.81 12.81 19.45 34.54 36.60 34.20 32.16 Heavy 31 ? API 1.60% sulfur 12.49 12.49 18.49 33.60 35.57 32.30 30.26 Iraq c 35? API 1.95% sulfur 12.61 12.62 18.56 30.30 36.66 34.93 34.93 Nigeria 34- API 0. 16% sulfur 14.45 14.07 20.86 35.50 38.48 36.47 36.47 UAE 39 * API 0.75% sulfur 12.88 13.26 19.81 31.57 36.42 35.50 35.50 Kuwait 31 * API 2.50% sulfur 12.37 12.26 18.48 29.84 35.08 32.30 32.30 Libya 40? API 0.22% sulfur 14.06 13.89 21.16 36.07 40.08 37.00 37.00 Venezuela 26* API 1.52% sulfur 12.75 12.75 17.22 28.44 32.88 32.88 32.88 Indonesia 35? API 0.09% sulfur 13.55 13.55 18.35 30.55 35.00 35.00 35.00 Algeria 42? API 0.10% sulfur 14.37 14.14 19.65 37.59 39.58 37.00 37.00 Qatar 40* API 1. 17% sulfur 13.19 13.19 19.72 31.76 37.12 35.45 35.45 Gabon 29 ? API 1.26 %sulfur 12.80 12.80 18.20 31.09 34.83 34.00 34.00 Ecuador 28 * API 0.93% sulfur 12.90 12.33 22.41 34.42 34.50 33.35 33.35 a F.o.b. prices set by the government for direct sales and, in most cases, for the producing company buy-back oil. b Weighted by the volume of production. c Beginning in 1981 the price of Kirkuk (Mediterranean) is used in calculating the OPEC average official sales price. Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1 OPEC: Average Crude Oil Official Sales Price 1973 74 75 Annual Average Approved For Release 2007/08/07: CIA-RDP83-00452R000200340002-1