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
Commodity Market Report
Macro oils short-term outlook: June 2023
OPEC extend production cuts, but market focus remains on pace of demand recovery
$2,000
Commodity Market Report
Macro oils short-term outlook: March 2023
Global liquids demand recovers to 2019 levels by Q2 2023, as China demand surges
$2,000
Insight
What does the global oil market look like in 2019?
What's in store for the oil market in 2019? We consider OPEC behaviour, US tight oil production, global demand and geopolitical risk.
$1,350
