OPEC Monthly Oil Market Report (Dec.)

Following the decision by OPEC and its allies to reduce output for six months from January, the latest data showed OPEC’s commitment to remove much of the apparent excess supply in the oil market. But given that record growth in US production shows no signs of slowing, prices are only likely to receive a temporary boost from the OPEC+ output cuts.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.