Middle East Oil Supply - December 2015

Source: OPEC 12/24/2015, Location: Middle East

Middle East oil supply is estimated to decrease by 0.09 mb/d in 2015 from the previous year to average 1.25 mb/d. Omanís oil production is expected to grow by 30 tb/d to average 0.98 mb/d, while Bahrain and Yemen are expected to see declines of 20 tb/d and 0.10 mb/d to average 0.21 mb/d and 0.04 mb/d, respectively, in 2015. On a quarterly basis, Middle East oil supply in 2015 is seen to average 1.30 mb/d, 1.25 mb/d, 1.24 mb/d and 1.23 mb/d, respectively.


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