Insight
Global liquids supply outages peak at 4.6 million b/d
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
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.
Table of contents
- Global liquids supply outages peak at 4.6 million b/d
Tables and charts
This report includes the following images and tables:
-
Global visible unplanned liquids supply outagesUS Lower 48 liquids supply, global outages and Brent oil priceSplit of outages between OPEC and non-OPEC producing countries
What's included
This report contains:
Other reports you may be interested in
Insight
Global oil cost curves and pre-FID breakevens H1 2026
Middle East OPEC remains the key source of low-cost oil supply
$6,000
Insight
IMO 2060: Outlook for global marine fuels
Oil bunkers enter structural decline as LNG becomes the main source of growth . Growth in LNG slows post-2040 as RFNBOs start to grow.
$900
Insight
Long-term impacts of Russian refinery outages
How could global trade flows change if Russian oil product exports remain low?
$900
