Global oil supply short-term update - November 2024
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Report summary
Table of contents
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Global Supply: OPEC+ delay plan to ease cuts by one month as supply ticks up and prices settle lower
- Non-OPEC supply: outlook driven by upgrades to US NGLs, Niger and Canada
- US Lower 48 oil production will grow at 3% annually through 2026
- OPEC: OPEC+ to delay unwinding of cuts by one month to end-2024
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What's included
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