Insight

Global oil supply short-term update - January 2025

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

The global oil supply monthly report provides analysis on short-term global oil supply. The written document is accompanied this month by a related excel data download only. The slide pack will resume with the early February report. Over the last month Brent prices remained rangebound in the low to mid $70s per barrel, recently drifting above $75 per barrel. Minor changes, weighted to the upside, have been made to our forecast. The most significant upgrades are to China, Canada NGLs and US Lower 48 crude.

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    Global Oil Supply Data January 2025.xlsx

    XLSX 376.78 KB