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Reduced oil supply outages: an extra test for OPEC's strategy

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Report summary

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.

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    Reduced oil supply outages: an extra test for OPEC's strategy

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  • Global visible unplanned liquids supply outages: outages drop in the latter part of 2016
  • Global liquid supply outages: Outages levels expected to drop in the short term
  • Global liquid supply outages forecast 2017

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