Global liquid supply reached 105.29 million barrels per day (b/d) in 2025, reflecting an annual increase of 2.78 million b/d. Despite this overall growth, supply experienced a decline in December, primarily driven by production outages.
The anticipated rise in supply for 2025 suggests a recovery from the temporary disruptions seen at the end of the previous year. This increase is expected to support market demand and influence global energy dynamics.
**Why this matters**
Fluctuations in liquid supply can impact oil prices, energy security, and economic stability worldwide. Understanding supply trends helps policymakers and businesses plan for potential changes in energy availability and costs.