Country Report

Global upstream oil supply summary - April 2018

From

$1,650.00

You can pay by card or invoice

From

$1,650.00

You can pay by card or invoice

Get this Country Report as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

The oil supply summary monthly report provides analysis on short-term global oil supply through 2019. The written document is accompanied by a related excel data download. Global supply growth remains strong in the near term, despite substantial downward revisions this month to Venezuela. Global liquids are forecast to grow 2.4 million b/d in 2018 and 1.9 million b/d in 2019, with total supply revised down close to 350,000 b/d in both years. Analysis in this monthly update includes: the extent of our downgrade to Venezuela's oil production outlook, and the reasons for it; uncertainty surrounding US policy toward Iran and how it could impact the oil market; and potential takeaway capacity concerns in the Permian. 

What's included

This report contains

  • Document

    Global Upstream Oil Supply Summary Data April 2018.xls

    XLS 393.00 KB

  • Document

    Global Upstream Oil Supply Summary April 2018.pdf

    PDF 984.87 KB

  • Document

    Global upstream oil supply summary - April 2018

    ZIP 1.07 MB

Table of contents

    • Global supply growth downgraded as Venezuela production declines accelerate; wider geopolitical risk increases
    • Geopolitical risk premium increases as Trump shakes-up the White House
    • Impact of renewed US sanctions on Iran
    • Venezuela: switch to low case supply outlook as production declines accelerate
    • Could takeaway constraints in the Permian spoil the party?

Tables and charts

This report includes 1 images and tables including:

Images

  • Executive summary: Image 1

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800