Unplanned supply outages fell to 3.1 million b/d at the end of 2016, the lowest level seen since 2013, and a considerable drop from a high of 4.6 million b/d seen May of this year. This influx of production comes at a challenging time for OPEC following its agreement to cut production in H1 2017.
This report includes 1 file(s)
Reduced oil supply outages: an extra test for OPEC's strategy PDF - 446.16 KB 4 Pages, 0 Tables, 3 Figures
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.
Wood Mackenzie's trusted insight helps you deliver successful growth strategies.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
Wood Mac has the highest quality data and is demanded by our staff.
Portfolio Manager Integrated Oil Company
Others can provide data but we value the quality of the Wood Mac analysis above other sources.
As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
Insight | Jan 2017
Reduced oil supply outages: an extra test for OPEC's strategy
Have questions? Just let us know how to contact you and we will respond to you as soon as possible.