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What to watch for oil supply in 2014


What to watch for oil supply in 2014

Report summary

Global supply posted gains of almost one million b/d in 2013. Strong non-OPEC growth was tempered by significant supply disruption to key OPEC producers. Despite this volatility, supply prospects remain bullish in the near term. Non-OPEC supply is forecast to add almost 1.9 million b/d in 2014 driven primarily by US tight oil and additional production capacity in Brazil. OPEC production is expected to fall slightly. As was the case in 2013, potential for significant supply disruptions remain.


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  • What to watch for oil supply in 2014 PDF - 517.82 KB 4 Pages, 0 Tables, 1 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

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  • Recovery of production in Libya?
  • Pace of US production growth
  • Changes to Iran sanctions
  • Surge of production from Brazil?
  • Upstream capital spending pace slows

In this report there is 1 table or chart, including:

  • Recovery of production in Libya?
  • Pace of US production growth
  • Changes to Iran sanctions
  • Surge of production from Brazil?
  • Upstream capital spending pace slows
    • Signposts for 2014
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