Oil supplies from non-OPEC countries to grow in 2019

Oil&Gas Materials 14 June 2019 14:54 (UTC +04:00)

Baku, Azerbaijan, June 14

By Sara Israfilbayova - Trend:

Oil supplies from non-OPEC countries in 2019 will increase by 1.9 million barrels per day, Trend reports with reference to the monthly report of International Energy Agency (IEA).

Oil supplies will increase by 2.3 million barrels per day in 2020, according to the report.

The IEA report says that the US leads in terms of oil supply volumes, but Brazil and Norway are also showing significant growth.

In May 2019, global oil supplies fell by 0.1 million barrels per day to 99.5 million, the report says.