7 days ago
Non-OPEC Oil Supply Growth to Peak in Early 2026, BP Says
Oil supply growth from non-OPEC producers is set to peak in early 2026, while demand remains robust, according to BP Plc Chief Executive Officer Murray Auchincloss.
'Non-OPEC supply we largely see going flat after February or March next year,' he said in an interview on Bloomberg Television after reporting earnings. Supply growth from non-OPEC will be relatively flat after that for about 12 to 18 months.
