蔡小全 编译自 彭博社
Spare capacity in the Middle East in July was 1.6 million bpd, roughly 2 percent of global output.
World's oil cushion could be stretched to the limit, IEA warns
The world's oil supply cushion could be stretched to the limit due to prolonged outages, supporting prICEs and threatening demand growth, the International Energy Agency said on Thursday.
The expected drop in Iranian crude exports this year due to renewed U.S. sanctions, coupled with a decline in Venezuela's production and outages in Libya, Canada and the North Sea have driven oil prICEs to their highest since 2014 in recent weeks.
The IEA said OPEC crude production in June reached a four-month high of 31.87 million barrels per day.
As U.S. sanctions on Iran are expected to "hit hard" in the fourth quarter of the year, Saudi Arabia could further ramp up output, which would cut the kingdom's spare capacity to an unprecedented level below 1 million bpd, the IEA said.
Non-OPEC production including from surging U.S. shale also continued to rise, but the IEA said that might not be enough to assuage concerns.