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Global liquids supply outages peak at 4.6 million b/d


Global liquids supply outages peak at 4.6 million b/d

Report summary

Unplanned supply outages spiked in May and much of June 2016, taking over 4.6 million b/d off the market, the highest level in recent history. The surge in outages had a big effect on oil market psychology and reduced oversupply in Q2 2016. The key countries to have impacted global outages include Libya, Nigeria, Canada, Syria, Yemen, Iraq, Kuwait and Saudi Arabia.

What's included?

This report includes 2 file(s)

  • Global liquids supply outages peak at 4.6 million b/d PDF - 285.27 KB 4 Pages, 0 Tables, 3 Figures
  • Global Supply Outages Download.xls XLS - 119.50 KB

Description

This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

For participants, suppliers and advisors who want to look at the trends, risks and issues of this topic, this report gives you an expert point of view to help inform your decision making.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

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  • Global liquids supply outages peak at 4.6 million b/d

In this report there are 3 tables or charts, including:

  • Global liquids supply outages peak at 4.6 million b/d
    • Global visible unplanned liquids supply outages
    • US Lower 48 liquids supply, global outages and Brent oil price
    • Split of outages between OPEC and non-OPEC producing countries
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