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OPEC January Production

OPEC January Production

Also the charts, except for Libya, are not zero based. I chose to amplify the change rather than the total. The chats do not include Indonesia. That will be added within the next few months when I am able to get better historical data for Indonesian crude only production.

All Data is in thousand barrels per day.

OPEC 12

OPEC production, not including Indonesia, was up 130,700 barrels per day in December.

MOMR Secondary Sources

OPEC uses secondary sources such as Platts and other agencies to report their production numbers. These numbers are pretty accurate and usually have only slight revisions month to month.

Algeria

Algeria peaked in November 2007 and has been in a steady decline since that point.

Angola

Angola has been holding steady since peaking in 2008 and 2010.

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