The British Petroleum company stated that non-OPEC oil supply growth will stagnate next year.

The Chief Executive Officer of British Petroleum, Murray Okunclus, stated that by early 2026, the growth of oil supply from non-OPEC countries will stagnate, while demand will remain strong. "We believe that after February or March next year, the oil supply from non-OPEC countries will largely remain stable," he said after the company announced its performance, "In the following 12 to 18 months, the supply will remain relatively stable." Such stagnation may support crude oil prices. Currently, oil prices in the London market are around $69 per barrel, down 8% this year. Many forecasting agencies, such as the International Energy Agency, predict that the global oversupply situation will worsen in the coming months and continue until 2026.