Country Report
Global upstream oil supply summary - February 2017
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The oil supply summary monthly report provides analysis on short-term global oil supply through 2018. The written document is accompanied by a related excel data download. Global supply has fallen from December to January – led by strong adherence by the GCCs to the agreed OPEC cuts, and cuts by some non-OPEC countries, particularly Russia. While the change in month-on-month production is significant, the year-on-year changes are smaller – 2017 production is expected to remain relatively flat from 2016.
Table of contents
-
Executive summary
- Highlights
Tables and charts
This report includes the following images and tables:
- Liquids changes (million b/d)
What's included
This report contains:
Other reports you may be interested in
Insight
Global oil supply short-term update - May 2025
Weakening demand outlook and OPEC+ easing of production cuts puts pressure on prices
$1,350
Insight
Global oil supply short-term update - April 2025
Market uncertainty reigns as the impact of US tariffs and return of OPEC+ barrels plays out
$1,350
Asset Report
Kaikias (MC 768)
Kaikias (MC 768) is a large oil and gas discovery located in the Mississippi Canyon protraction area of the Central Gulf of Mexico. The ...
$3,720
