Global oil supplies rise by 37 thousand barrels per day to reach 99 million barrels: the seventh day

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Global oil supplies rise by 37 thousand barrels per day to reach 99 million barrels: Youm7, today, Friday, March 18, 2022 08:08 pm

Preliminary estimates indicate an increase in global supplies of crude oil and natural gas liquids during January 2022 by regarding 37,000 barrels per day, or 0.04% compared to the levels of the previous month, to reach regarding 99 million barrels per day, according to the monthly bulletin on petroleum developments in global markets. February 2022 for OAPEC.

The report stated that the total supplies of non-OPEC producing countries decreased by 0.04% to reach regarding 65.8 million barrels per day, while the supplies of the member countries of the Organization of the Petroleum Exporting Countries increased by 0.2% to reach regarding 33.2 million barrels per day.

And the report continued, that with regard to the crude oil supplies of the OPEC + countries, they rose during the month of January 2022 by regarding 292,000 barrels per day, or 0.7% compared to the levels of the previous month, to reach regarding 39.7 million barrels per day.

The report indicated that the supplies of non-OPEC producing countries and members of the OPEC + group increased by 1% to reach regarding 15.9 million barrels per day, and the supplies of the ten member countries of the Organization of Petroleum Exporting Countries, which are members of the OPEC + group, increased by 0.6% to reach About 23.8 million barrels per day.