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Wednesday, 24 January 2018

World oil supply growth forecast at 1.15mb/d in 2018 – OPEC

World oil supply growth forecast at 1.15mb/d in 2018 – OPEC

24 January 2018, Sweetcrude, Lagos – Statistics from the Organisation of the Petroleum Exporting Countries, OPEC’s, Monthly Oil Market Report, MOMR, for January 2018, showed that world oil supply growth for the year is forecast at 1.15 million barrels per day, mb/d, year-on-year. This follows an upward revision for production in the US, Canada, Mexico and …

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