Global oil supply short-term update - October 2022
Report summary
Table of contents
-
Global supply: OPEC+ agreement for a 2 million b/d cut leads to a downward revision for 2023 supply
- Non-OPEC supply: Upgrades to US Lower 48 offset by downgrades to Kazakhstan and Russia
- US Lower 48: growth remains slow and steady
- Outlook extended to 2024: growth from US is supported by Kazakhstan, Guyana and Brazil
- OPEC supply: OPEC+ agrees to a 2 million b/d production cut from November
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
09 February 2023
Global oil supply short-term update - February 2023
Global oil supply short-term update - February 2023
Limited changes to global supply as the market grapples with Russian sanctions and price caps and China’s encouraging demand recovery
$1,65008 March 2023
Global oil supply short-term update - March 2023
Global oil supply short-term update - March 2023
Three factors dictate our short-term outlook: pace of non-OPEC supply growth, scale of Russian supply losses and OPEC+ policy through 2023
$1,65011 January 2023
Global oil supply short-term update - January 2023
Global oil supply short-term update - January 2023
Limited changes to global supply as OPEC+ waits for clarity on the impact of Russian export bans and price caps
$1,650