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 2014
- Lower 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 stable
- Annual average supply outages
- Losses as a percentage of production/capacity
What's included
This report contains:
Other reports you may be interested in
Insight
Strait of Hormuz: assessing the risk for oil trade flows
Using waterborne data to assess oil exports at risk in the Gulf
$1,350
Insight
Q2 2025 pre-FID project tracker: major upstream projects progress despite geopolitical headwinds
Our Q2 2025 outlook for global pre-FID upstream projects.
$6,750
Insight
Global oil cost curves and pre-FID breakevens H1 2025
Deepwater developments are becoming more competitive, driven by new production in Latin America
$6,000
