Name: Global oil supply short-term update - April 2022
Brand: Wood Mackenzie
SKU: 141741
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Author: Wood Mackenzie

Country Report 07 April 2022

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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The global oil supply monthly report provides analysis on short-term global oil supply through 2023. The written document is accompanied by a slide deck and related excel data download. A major downward revision to our outlook for supply in Russia overshadows the global picture this month. The level of crude exports from the country have generally remained steady since the start of the war in Ukraine despite the escalation of sanctions targeting numerous individuals and companies and the growth of “self-sanctioning” against buying oil from Russian ports. The ongoing situation remains highly uncertain and fluid, but supply in Russia faces a growing list of logistical and technical challenges.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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        <a href="#ade23410-23ab-437b-8e68-8a573e7f9c9f" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="ade23410-23ab-437b-8e68-8a573e7f9c9f" aria-expanded="false">
            Global Supply: base case outlook for Russia supply substantially lowered
        </a>
        <ul id="ade23410-23ab-437b-8e68-8a573e7f9c9f" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Russia: oil production falls marginally in March, but exports remain elevated
    </li>
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        Non-OPEC Supply: downgrades to Russia, Kazakhstan and Norway offset upgrades to China
    </li>
    <li class="push-quarter--bottom">
        US Lower 48: OFS constraints temper growth in H1 2022
    </li>
    <li class="push-quarter--bottom">
        OPEC: production increases continue as planned for OPEC+, despite ongoing market volatility
    </li>

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<h3 class="alpha push-half--bottom ">What's included</h3>
<p class="push-half--bottom ">This report contains:</p>
<ul class="list"><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Global Oil Supply Data April 2022.xls</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>459.00 KB</span>
</p>
</li><li class="list__item-icon push-half--bottom"><svg class="list__image-icon" width="13.9" height="17.2" viewBox="0 0 13.9 17.2"><title>Document</title><g fill="#232323"><path d="M13.8 3.5L10.3.2c-.1-.2-.2-.2-.3-.2H1.5C.7 0 0 .7 0 1.5v14.2c0 .8.7 1.5 1.5 1.5h10.9c.8 0 1.5-.7 1.5-1.6V3.8c0-.1 0-.2-.1-.3zm-3.4-1.8l1.7 1.6h-1.7V1.7zm2 14.4H1.5c-.2 0-.5-.2-.5-.5V1.5c0-.2.3-.5.5-.5h7.8v2.9c0 .2.2.5.5.5h3.1v11.3c0 .2-.2.4-.5.4z"></path><path d="M11.1 6.3H3.7c-.2 0-.5.2-.5.5s.2.5.5.5H11c.3 0 .6-.2.6-.5s-.3-.5-.5-.5zM11.1 12.6H3.7c-.2 0-.5.2-.5.5 0 .2.2.5.5.5H11c.3 0 .6-.2.6-.5-.1-.3-.3-.5-.5-.5zM3.7 10.4H11c.3 0 .6-.2.5-.5 0-.2-.2-.5-.5-.5H3.6c-.2 0-.5.2-.5.5 0 .2.2.5.6.5z"></path></g></svg>
<p class="font-regular" >Global Oil Supply Summary April 2022 Slidepack.pdf</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>911.77 KB</span>
</p>
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