OPEC Expects Non-OPEC Oil Supply To Grow By 0.93Mbd To 63.83Mbd In 2021

MOSCOW (Pakistan Point News / Sputnik - 13th April, 2021) The Organization of the Petroleum Exporting Countries (OPEC) maintained its forecast for the oil supply outside the organization practically unchanged, as it expects the non-OPEC oil supply to increase by 0.93 million barrels daily to 63.83 million barrels daily.

"Non-OPEC liquids supply for 2021 is also revised up by 24 tb/d to average 63.83 mb/d, but in terms of growth, it was revised down by a slight 18 tb/d and is now forecast to grow by 0.93 mb/dy-o-y," OPEC said in its fresh monthly oil market report.