Global oil supply short-term update - January 2024
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
-
Global supply: continued strength of non-OPEC supply adds pressure on OPEC to extend voluntary cuts
- Non-OPEC: upward revisions dominate changes, with first exports from Niger expected in the near-term
- OPEC: Angola leaves OPEC; rest of group confirms commitment to managing market stability
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Global oil supply short-term update - September 2025
Upgrades to global supply driven by US Lower 48 crude and NGLs, Brazil, United Arab Emirates and Argentina
$1,350Global oil supply short-term update - August 2025
OPEC continue accelerated production return; US Lower 48 supply outlook downgraded
$1,350Global oil supply short-term update - July 2025
Minor changes to outlook as prices return to below $70/bbl
$1,350