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for Non-Opec Supply

Worker Protests in Brazil Threaten Oil Sector
Higher diesel prices in Brazil have led to nationwide protests and have become a major political issue ahead of this year's presidential election.

EIA’s Outlook Implies Upside Risks for Oil Prices
Although oil would surpass $200 per barrel under its high-price scenario, the EIA sees little effect in curbing demand growth.

Brazil Engulfed in Political Crisis, But Oil Production Will Still Rise
Recent reforms scrapped the requirement that Petrobras own a 30 percent stake in all pre-salt oil fields, essentially opening the door to private international companies. As a result, Brazil's oil production is flourishing.

Mexico Takes Positive Step by Nixing Fuel Subsidies, But Economic Pain Ensues
Low oil prices and soaring budget deficits have provided motivation for emerging markets to scrap the status quo with regards to fuel subsidies. Despite short-term pain from liberalizing prices, as seen currently in Mexico, longer-run benefits of curbing oil demand growth will emerge.

Despite OPEC Rhetoric, Supply Cuts Not Beneficial for Consumers
In just the past two weeks since OPEC announced it plans to cut output, the cartel has significantly altered market sentiment and shifted the oil market outlook for next year.

JBC Energy: Oil Markets to Remain Oversupplied Until 2021
A major consultancy says that the oil market will still take longer to rebalance than many analysts had reckoned because of supply-side trends both in OPEC and outside the group. A slew of new non-OPEC fields will ramp up to increase the global crude oversupply to a massive 1.8 mbd for 1H 2017.

Key Charts Highlighting 2016 Presidential Campaign, OPEC’s Dilemma
The recent Fact Pack from Securing America's Future Energy (SAFE) contains a number of data points that highlight OPEC’s dilemma and discuss energy issues that surfaced during the 2016 presidential campaign.

Why Previous OPEC Cuts Have Been Successful, and Why This One Might Not Be
OPEC's past cuts were successful in tightening the global oil market and lifting prices, but the agreement last week in Algiers may not be sufficient to rebalance fundamentals, particularly since U.S. shale is poised to rebound.

OPEC’s History of Oil Market Management: It’s Complicated
While now is a time of unique challenge for OPEC and the future of the organization is up in the air, this is not the first time the cartel has faced external threats.

Oil Market Forecasts Likely to Be Off-Target
Forecasting oil markets has always been complicated and fraught with risk. Now is no different, with so much price volatility and global uncertainties.