The hottest OPEC cut non OPEC in 2015 and 2016

2022-08-08
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OPEC cut its production forecasts for non OPEC oil producing countries in 2015 and 2016

Bloomberg said that the organization of Petroleum Exporting Countries (OPEC) on Monday lowered its production forecasts for non OPEC oil producing countries this year and next, because the sharp fall in oil prices has caused a serious impact on the U.S. shale oil industry

in its monthly market report, OPEC lowered the daily production forecast of non OPEC oil producing countries in 2015 by 72000 barrels to 880000 barrels, and lowered the daily production forecast of 2016 by 110000 barrels to 57.6 million barrels

however, OPEC still expects the crude oil production of non OPEC countries to increase slightly in 2016, while the International Energy Agency (IEA) previously predicted that the daily output of non OPEC oil producing countries such as tank covers and sleeves would decrease by 500000 barrels in 2016, the largest decline since 1992

interpretation of the new national standard system for food contact materials in China

OPEC said in the report: 'oil production in the United States has shown signs of slowing down. This may help reduce the imbalance in the fundamentals of the crude oil market, but it remains to be seen to what extent this can be achieved in the coming months. The clamping mode of the fixture has developed from the original mechanical clamping to pneumatic clamping and hydraulic clamping.

OPEC raised the global demand for OPEC crude oil in 2015 by 190000 barrels/day to 30.31 million barrels/day in its report

the Organization raised its expectation of global crude oil demand growth in 2015 to 1.46 million barrels per day, but lowered its expectation of global crude oil demand growth in 2016 to 1.29 million barrels per day, mainly taking into account the slowdown of economic growth in China and Latin America

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