FOTOGRIN/Shutterstock Save for later Print Download Share LinkedIn Twitter Global supply of hydrocarbon liquids in August is estimated to have fallen by about 150,000 barrels per day on the month to 101.05 million b/d. The bulk of the fall came from the big three non-Opec-plus producers — the US, Canada and Brazil — while China, the fourth-largest in the non-aligned group, is seen to have made a sizable gain as domestic production rises. Opec-plus increased production by roughly 50,000 b/d to 50.1 million b/d, while growth in refining gains amounted to 40,000 b/d. So far this year, global output has averaged 101 million b/d, up 1.3 million b/d from average output in 2022.
