Non-OPEC liquids supply projection downgraded

News Department
Author

Non-OPEC countries are now expected to produce 63.60 million b/d in 2021, down 0.2 million b/d from March, Report informs, citing S&P Global Platts.

The lowered forecast is "mainly due to the US liquids production outage of 2.2 million b/d seen in February, following the winter storms and freeze."

Extensive seasonal maintenance in Norway and Canada also caused the supply forecast to be revised down.

Other News

Azerbaijan increases revenue from methanol exports by 8% 19 October, 2026 / 11:08
Azerbaijan increases exports of petroleum bitumen 3.5-fold 19 October, 2026 / 11:03
Azerbaijan increases exports of petroleum coke 1.4-fold 19 October, 2026 / 11:03
Azerbaijan exports nearly 327,000 tons of nitrogen fertilizer in 9 months 19 October, 2026 / 10:55
Top 10 countries importing Azerbaijani oil in 9 months 19 October, 2026 / 10:47
Azerbaijan's natural gas exports approached 18 bcm in nine months 19 October, 2026 / 10:42
Azerbaijan sees over twofold surge in revenue from petroleum product exports 19 October, 2026 / 10:40
Azerbaijan boosts oil export revenue by over 13% 19 October, 2026 / 10:16
Azeri Light oil price falls to $116 per barrel 17 October, 2026 / 12:23
Uzbekistan plans to build two more nuclear power plants 16 October, 2026 / 21:45
Shavkat Mirziyoyev discusses energy projects with SOCAR and BP 16 October, 2026 / 21:13
Mirziyoyev: SOCAR, BP conducting exploration work on six blocks in Ustyurt 16 October, 2026 / 15:37
Azerbaijan reveals oil and gas production volumes for nine months 16 October, 2026 / 13:47
Azerbaijan transports 29.7 bcm of gas through main pipelines in January-September 16 October, 2026 / 13:27
Value of Azerbaijan's petroleum products output exceeds 4.6B manats 16 October, 2026 / 13:02
Azerbaijan's crude oil supplies to Vietnam exceed 1M tonnes 16 October, 2026 / 12:44
Azeri Light crude falls over $5 per barrel 16 October, 2026 / 10:29
SLB, BP ink deal for seismic data processing at Karabakh field in Caspian Sea 16 October, 2026 / 10:02
Brent crude falls to $105.3 per barrel 16 October, 2026 / 09:52
Azerbaijan's oil production approached 20M tons in 9 months 15 October, 2026 / 12:46