Key Market Indicators
Demand for Bruneian crude oil is expected to reach 797,000 metric tons in January 2022, up 23.2% from 834,000 metric tons in December 2021. Since 2007, Bruneian demand has increased by 118.5%. Meanwhile, Bruneian crude oil production is projected to decrease to 2.96 million tonnes of oil equivalent by 2026, down 5.6% from 4.07 million tonnes of oil equivalent in 2021. Since 1976, Bruneian supply has dropped by an average of 6% annually.
