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The World Oil Outlook combines the expertise of the OPEC Secretariat, professionals in OPEC Member Countries and the Organization’s Economic Commission Board, as well as input from various other sources. The OPEC Secretariat welcomes any feedback. View below the latest edition.
Additionally, as of February 2019, key tables providing the latest information on the world oil demand and supply balance, including monthly revisions; OECD oil stocks and oil on water; non-OPEC supply and OPEC natural gas liquids; and world rig count – as contained in the MOMR appendix tables – will also be made available on the OPEC Website and can be downloaded in Excel, for ease of use.
Nov 11, 2021 · Global oil demand is expected to average 96.4 million barrels per day (bpd) this year, OPEC said on Thursday, revising down its forecast by 160,000 bpd after cutting expectations of fourth-quarter ...
Oct 13, 2021 · OPEC Cuts 2021 Oil Demand Forecast ... OPEC expects this year’s global oil demand to grow by 5.8 million barrels per day (bpd) from the low 2020 levels, down from last month’s estimate of 5.96 ...
Nov 11, 2021 · OPEC said it expects oil demand to average 99.49 million barrels per day (bpd) in the fourth quarter of 2021, down 330,000 bpd from last month's forecast. The year's demand growth forecast was ...
vi OPEC Monthly Oil Market Report – December 2021 Norway and Guyana. OPEC NGLs are forecast to grow by 0.1 mb/d both in 2021 and 2022 to average 5.1 mb/d and 5.3 mb/d, respectively. In November, OPEC crude oil production increased by mb/d m-o-m, to 0.29 average 27.72 mb/d, according to available secondary sources.
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Nov 11, 2021 · Its forecasts for non-OPEC production were unchanged from last month's report, at 63.64 million b/d for 2021, up 660,000 b/d year-on-year, and 66.66 million b/d for 2022, up 3.02 million b/d. The report also continues to indicate that many OPEC members are struggling to hit their production quotas, which has contributed to the recent market tightness.
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