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OPEC Monthly Oil Market Report · Production & Trade Flows
MOMR MARCH 2026
OPEC + IEA DATA
⚑ LIVE PRICES
BREAKING
πŸ›’ WTI falls below $92/bbl as US-Iran ceasefire talks may resume in Pakistan — lowest in 3 weeks (TradingEconomics, Apr 15) β—† βš“ U.S. Navy blockade on Iranian ports in effect since Apr 14 — Iran warns vessels "will be dealt with harshly" (CNN / Al Jazeera) β—† πŸ“‰ IEA: Global oil supply plummeted 10.1 mb/d to 97 mb/d in March — largest supply disruption in history (IEA OMR Apr 2026) β—† β›½ EIA: 9.1 mb/d of Gulf shut-ins forecast for April — Iraq, Saudi Arabia, UAE, Kuwait, Qatar & Bahrain affected (EIA STEO Apr 7) β—† πŸ’Ή Physical crude hit near-record $150/bbl; middle distillate prices in Singapore above $290/bbl all-time high (IEA OMR Apr 2026) β—† 🀝 Trump & Iran agreed 2-week ceasefire Apr 8 — talks collapsed over weekend; new round expected before deadline (NPR / Bloomberg) β—† πŸ›’ WTI falls below $92/bbl as US-Iran ceasefire talks may resume in Pakistan — lowest in 3 weeks (TradingEconomics, Apr 15) β—† βš“ U.S. Navy blockade on Iranian ports in effect since Apr 14 — Iran warns vessels "will be dealt with harshly" (CNN / Al Jazeera) β—† πŸ“‰ IEA: Global oil supply plummeted 10.1 mb/d to 97 mb/d in March — largest supply disruption in history (IEA OMR Apr 2026) β—† β›½ EIA: 9.1 mb/d of Gulf shut-ins forecast for April — Iraq, Saudi Arabia, UAE, Kuwait, Qatar & Bahrain affected (EIA STEO Apr 7) β—† πŸ’Ή Physical crude hit near-record $150/bbl; middle distillate prices in Singapore above $290/bbl all-time high (IEA OMR Apr 2026) β—† 🀝 Trump & Iran agreed 2-week ceasefire Apr 8 — talks collapsed over weekend; new round expected before deadline (NPR / Bloomberg) β—†
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⚠ Strait of Hormuz β€” Active Disruption
Effective closure since Feb 28, 2026 Β· ~5.5 mb/d shut-in Β· Brent peaked $127.8/b on Apr 2 Β· EIA STEO Apr 7, 2026
~19.6 mb/d at risk
DEFICIT: βˆ’3.3 mb/d
Year Month
Producers
Consumers
Total Liquids Supply
β€”
million barrels / day (mb/d)
World Oil Demand
β€”
million barrels / day (mb/d)
Supply – Demand Balance
β€”
surplus (+) / deficit (−) mb/d
OPEC+ Share of Supply
β€”
% of total world liquids supply
Crude Oil Production & Trade Flow
Click ribbon / node / map country to drill · Hover to inspect · Node height ∝ volume
⚠ Orange / dashed = Strait of Hormuz chokepoint flow — computing…
Mid-East
Russia/CIS
Americas
Africa
Europe
β€”
📦 Top Producers — Period
CountryProduction (kb/d)Share %Vol.
🌍 Consuming Regions — Period
Region / CountryInflow (kb/d)Share %Vol.
📊 DATA SOURCES — Production & Trade Flows: OPEC Monthly Oil Market Report (MOMR) • Demand Outlook: IEA Oil Market Report (OMR) • Supply Disruption & Price Forecast: EIA Short-Term Energy Outlook (STEO), Apr 7 2026 • Live Price Ticker: OilPriceAPI.com • Base Map: Natural Earth via world-atlas TopoJSON • Flows in kb/d • ⚠ Strait of Hormuz disruption per EIA STEO Apr 2026