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OPEC May Production Data

The below charts, unless otherwise noted, were taken from the OPEC Monthly Oil Market Report. The data is through May, 2019 and is in thousand barrels per day.

OPEC crude only production was down 236,000 barrels per day in May but that was after April production had been revised upward by 82,000 bpd.

Iranian April production was revised upward by 43,000 bpd and Saudi Arabia April production was revised upward by 24,000 bpd.

 …click on the above link to read the rest of the article…

OPEC April Production Data

OPEC April Production Data

The OPEC charts below were created with data from the OPEC Monthly Oil Market Report. The PDF File can be downloaded from here: OPEC MOMR All OPEC data is through April 2018 and is in thousand barrels per day.

There was little change in OPEC production in April.

OPEC production was  up 12,000 barrels per day in April but that was after February production had been revised down by 74,000 bpd and March production revised down by 39,000 bpd.

I am going to forgo commenting on each country unless there is something dramatic happening.

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OPEC MOMR October Production Data – Peak Oil BarrelPeak Oil Barrel

OPEC MOMR October Production Data – Peak Oil BarrelPeak Oil Barrel.

OPEC just published their November Monthly Oil Market Report which contains crude only production data for all OPEC nations. The only big surprise was that everyone had declining production except Libya and Algeria, that is according to “secondary sources”.

OPEC Secondary Sources

I find it interesting that Venezuela has, for the last several months, refused to give OPEC their production data.

…click on the above link to read the rest of the article…

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