Barclays’ oil outlook is for non-OPEC+ supply to slow significantly in the months ahead | Forexlive

Barclays’ outlook for oil:

• expect non-OPEC+ supply growth to slow significantly over coming
  quarters and lot of incremental weakness in demand is likely already
  in price
• forecasts
  US oil output to grow 700 kb/d q4-to-q4 in 2023 and 300 kb/d in 2024,
  with Permian still driving most of the gains
• OPEC+ will likely
  remain proactive with primary goal of avoiding sustained surplus

These seem to make sense. Lower prices is not going to encourage non-OPEC to expand output a great deal. Permian to inch up though.