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34.1 million bpd
- OPEC sees the demand for its oil rising in the next few years, but rising supply from the United States and other outside producers means OPEC output in 2026 will likely be 34.1 million bpd, below 2019's level, it said.
www.reuters.com/business/energy/opec-sees-oil-demand-rebounding-then-plateauing-after-2035-2021-09-28/
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The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.
OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry.
Sep 28, 2021 · OPEC sees the demand for its oil rising in the next few years, but rising supply from the United States and other outside producers means OPEC output in 2026 will likely be 34.1 million bpd,...
Sep 28, 2021 · Non-OPEC liquids supply is expected to continue its recovery and grow by 7.5 mb/d from its 2020 low to 70.4 mb/d in 2026, driven by US tight oil, as well as barrels from Brazil, Russia, Guyana, Canada and Kazakhstan.
