Global oil supply short-term update - November 2020
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Table of contents
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Global supply: extension of OPEC+ cut assumption sharply lowers output in 2021
- OPEC+ production cuts: extension of current cuts assumed beyond end-2020
- Non-OPEC: OPEC+ compliance revised and US Gulf of Mexico in the eye of multiple storms
- US Lower 48: sector consolidation risks budgets
- OPEC: Libyan production return exceeds expectations
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10 December 2020
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Global oil supply short-term update - December 2020
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Global oil supply short-term update - February 2021
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$1,65005 November 2019
Global oil supply short-term update - November 2019
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Global oil supply grows by only 300 kb/d in 2019 but growth will rebound in the next two years driven by Non-OPEC.
$1,650