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  1. Opec Output At 17-Year Low Amid Libya Collapse

    ...pact of port shut-ins was felt. This was partially offset by a 120,000 b/d increase from Iraq to 4.51mn b/d which put Opec’s No.3 producer some 50,000 b/d above its Q1 production allocation. Libyan output has crashed to just 120,000 b/d (see p16), its lowest level since September 2011 in the last da...

    Volume: 63
    Issue: 10
    Published at Fri, 06 Mar 2020

  2. IEA Warns Of Capacity Squeeze Unless Investment ‘Rebounds Sharply’

    ...8% a year in the five years to 2016 and 5.5% a year in the five-year period ending in 2011. A net 1.8mn b/d of Chinese oil demand is forecast to be added to the end of 2022, underpinned by “supportive economic conditions, big increases in petrochemical activity and a voracious appetite to increase ve...

    Volume: 60
    Issue: 10
    Published at Fri, 10 Mar 2017

  3. Iraq, Nigeria Outages Lead Opec Production Fall

    ...0 B/D): VOLUMES EDGE UP IN JAN BUT STILL 1.3MN B/D DOWN ON 2011 LEVELS *CRUDE & CONDENSATE SOURCE: OFFICIAL IMPORT STATISTICS, OIL MOVEMENTS, MEES ESTIMATES.   NIGERIAN VOLUMES SET TO STAY LOWER While Iranian production is set to rise further in March, Nigerian output looks set to fa...

    Volume: 59
    Issue: 10
    Published at Fri, 11 Mar 2016

  4. OPEC Holds Steady, Amid Renewed Focus On Output Sustainability

    ...bya and Iraq all had a strong first eight months of 2012, before faltering. Libya, recovering from the 2011 civil war, posted strong gains in early 2012, and managed to produce four straight months at 1.5mn-plus b/d by last October. Then a series of strikes and militia unrest began to erode oil in...

    Volume: 56
    Issue: 10
    Published at Fri, 08 Mar 2013