Name: Global oil supply short-term update - June 2022
Brand: Wood Mackenzie
SKU: 142809
Price: 1650 USD
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Author: Wood Mackenzie

Country Report 10 June 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. At the latest OPEC+ meeting on 2 June a larger production increase for July and August was agreed. As a result, our forecast for OPEC output has been revised upwards, chiefly for Saudi Arabia. A moderate overall upward revision for global supply in 2022 is also helped by upgrades to Russia supply for the remainder of 2022, based on the outlook for higher crude runs. However, Russia supply faces further pressure in 2023 as the implementation of the EU oil embargo on Russian oil imports comes into effect.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

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        <a href="#31ee90d3-10e2-46b8-8f28-24f5e49d465b" class="js-toggle-local list__link-toggle dark-link font-semibold" role="button" aria-controls="31ee90d3-10e2-46b8-8f28-24f5e49d465b" aria-expanded="false">
            Global supply: OPEC sets the stage for faster production increases
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        <ul id="31ee90d3-10e2-46b8-8f28-24f5e49d465b" class="panel-toggle push-half--left push-half--bottom">
                <li class="push-quarter--bottom">
        Russia: EU leaders agree compromise deal on embargo of Russian oil imports
    </li>
    <li class="push-quarter--bottom">
        Non-OPEC supply: number of downgrades overshadow upward revisions to US Lower 48 and Guyana
    </li>
    <li class="push-quarter--bottom">
        US Lower 48: muted response to higher oil prices
    </li>
    <li class="push-quarter--bottom">
        OPEC: OPEC+ agrees to a bigger production increase in July and August
    </li>

</ul>
    </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 Summary Slide Pack June 2022.pdf</p>
<p class="uppercase delta">
    <span>PDF</span>
    <span>890.01 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 Data June 2022.xls</p>
<p class="uppercase delta">
    <span>XLS</span>
    <span>461.00 KB</span>
</p>
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