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OPEC August 2019 Oil Production

OPEC August 2019 Oil Production The OPEC charts below were produced from data published in the OPEC Monthly Oil Market Report.  …click on the above link to read the rest of the article…

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OPEC September Production Data

OPEC September Production Data The below charts were created with data from the OPEC Monthly Oil Market Report and the data through September 2018. OPEC crude only was up 132,000 barrels per day in September to 32,761,000 bpd. that is still 650,000 barrels per day below their all time high in October of 2016. August […]

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OPEC August Production Data

OPEC August Production Data Data for the OPEC charts below are from the OPEC Monthly Oil Market Report. All OPEC data are through August 2018 and in thousand barrels per day. OPEC 15 crude only production was up 278,000 barrels per day in August to 32,565,000 bpd. Most of that increase was Libya, up 256,000 […]

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OPEC January Oil Production Data

OPEC January Oil Production Data The OPEC Monthly Oil Market Report is out production data for January 2018. All data, unless otherwise noted, is through January 2018 and is in thousand barrels per day. OPEC crude only production has held steady for three months. However, this chart masks the fact that November production was revised […]

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OPEC Oil Production Rose In December Despite Plunge In Venezuela Output

OPEC Oil Production Rose In December Despite Plunge In Venezuela Output In its latest monthly report, OPEC announced that according to secondary sources, December oil production by the cartel rose by 42.4kbpd from November to 32.416mmbpd, if 144kbpd below October’s 32.56mmbpd level, and just below the mandated production ceiling of 32.5mmbpd. While the biggest producer […]

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OPEC November Oil Production

OPEC November Oil Production The OPEC data below was taken from the December OPEC Monthly Oil Maret Report. All data is through November 2017 unless otherwise noted. OPEC crude oil production declined by 133,500 barrels per day in November. Algeria was up slightly in November after that huge decline in October. Angola was the biggest […]

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JODI Data and Giant Field Depletion

JODI Data and Giant Field Depletion I am starting this post off with a news article because it explains why JODI has U.S. production numbers wrong for July. No, U.S. Oil Production Probably Didn’t Rise in July The Joint Organizations Data Initiative (JODI) releases monthly oil supply-and-demand data for about 80 countries, which it gathers by directly surveying the […]

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OPEC August Production Flat

OPEC August Production Flat The latest OPEC Monthly Oil Market report is out with OPEC production numbers for August 2015. All charts below are in thousand barrels per day with the last data point August 2015. Not much has happened since June, OPEC 12 production was up 12,000 bpd in August that is well within the margin of […]

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OPEC Production Figures – Winners And Losers Aplenty

OPEC Production Figures – Winners And Losers Aplenty The latest OPEC Monthly Oil Market Report is out with all the OPEC crude only production numbers for January 2015. There were very little revisions in the December numbers this month. Total OPEC production of crude only was down 53,000 barrels per day in January to 30,153,000 barrels per […]

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Olduvai IV: Courage
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