Insight
Global supply outages: back up to four million b/d
This report is currently unavailable
*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 have increased markedly since 2011 with over four million b/d being taken off the market in December 2014 and January 2015. After a brief mid-year recovery there was a resurgence of unplanned outages in late 2014. The key countries to have impacted global outages include Libya, Iran, Nigeria, Syria, Iraq and Yemen.
Table of contents
- Four million b/d out of the market
Tables and charts
This report includes the following images and tables:
-
Unplanned outages* fell in mid-2014 before increasing again in late 2014Lower 48 production growth has acted as a buffer to increased global outages until a mid-2014 divergence.OPEC unplanned outages have increased in recent years while non-OPEC outages remain relatively stableAnnual average supply outagesLosses as a percentage of production/capacity
What's included
This report contains:
Other reports you may be interested in
Insight
Global Upstream Update: September 2026
Key themes: novel resource capture strategies, growth opportunities but with caveats, and tougher expansion challenges reveal themselves.
$1,350
Insight
Long-term impacts of Russian refinery outages
How could global trade flows change if Russian oil product exports remain low?
$900
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
