Press Esc to close



For full content view: Log in Now!

  • Industry at a glance

    WTI crude fell below $90/bbl to $88.81, as stockpiles increased, putting it at about $15 lower than a year ago. Brent hit a low for the new year at $96.84/bbl, later inching back to around $99/bbl, or about $20 dollars lower than in April 2012. OPEC production fell slightly to 36.67 MMbopd, as Iraq, Iran and North Africa reduced output. OECD production climbed by 900,000 bopd, to 20.72 MMbopd, with the U.S. gaining 760,000 bopd, compared to the average 2012 level. The U.S. rotary rig count was down 11% from March 2012. Outside of Canada, the international rig count was up 6.0%, compared to 2012. International offshore rigs were up 4.6% from 2012.

This area of the site is restricted. In order to gain access, please either Log In, or subscribe to World Oil.

Two options are available to you for creating an account.

1. Get a Free Trial Subscription to World Oil Magazine and gain immediate access to select content on World Oil Online.

Start a Free Trial Subscription and gain immediate access to the complete current issue of World Oil Magazine. Plus, you’ll receive 3 upcoming issues of World Oil Magazine in print or digital format.* You also receive access to the Energy Events Calendar, Industry Statistics and WO Wire’s news and industry coverage.

Free Trial

2. Purchase a subscription to World Oil magazine and gain immediate and complete access to World Oil Online. As a Total Access subscriber you will have access to all areas of the site available to registered users and free subscribers as well as having access to such premium content areas as:

  • The Archives section containing over ten years of complete magazine archives,
  • The WO DataHub's engineering tables and directories,
  • The World Oil annual forecasts, including past predictions,
  • Select World Oil technical handbooks,
  • And much, much more!


Physical copies of this content may be available for purchase. Visit the Reprints & Back Issues section.

If you are already a paid subscriber and do not have access, please email



Engineering Data Tables

World Oil's specialized upstream Engineering Data Tables featuring the Drill Bit Classifier, Tubing Tables and more. Get Total Access today.


2013 Fracturing Technology

2013 Fracturing Technology


Upcoming Events