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10 June 2022
The latest OPEC+ agreement for increased supply in July and August sets the stage for faster production increases
06 May 2022
Another major downward revision to our forecast for supply in Russia dominates the global outlook this month.
07 April 2022
A downward revision to our Russian supply outlook dominates the global outlook this month.
04 March 2022
Two major risks dominate the outlook for oil supply: the impact of sanctions against Russia and the potential lifting of sanctions in Iran.
11 February 2022
Supply concerns continue to be a focal point for the oil market in February; but higher prices signal an increase in US onshore activity.
11 January 2022
Supply fears were amplified in early January with rising political risks in Kazakhstan and additional operational issues in Libya.
09 December 2021
Upward revisions to US Lower 48, Venezuela and Libya are offset by downgrades to the UK, Brazil, Nigeria and China.
05 November 2021
Upgrade to US onshore liquids production as OPEC+ maintains planned easing of cuts.
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