{"id":14365,"date":"2015-11-13T07:37:30","date_gmt":"2015-11-13T12:37:30","guid":{"rendered":"http:\/\/olduvai.ca\/?p=14365"},"modified":"2015-11-13T07:37:30","modified_gmt":"2015-11-13T12:37:30","slug":"opec-crude-production-down-in-october","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=14365","title":{"rendered":"OPEC Crude Production Down in October"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/opec-crude-production-down-in-october\/\" target=\"_blank\">OPEC Crude Production Down in October<\/a><\/h3>\n<div class=\"entry-meta\">\u00a0OPEC has published their\u00a0<a href=\"http:\/\/www.opec.org\/opec_web\/static_files_project\/media\/downloads\/publications\/MOMR_November_2015.pdf\">OPEC Monthly Oil Market Report<\/a>\u00a0with crude only production numbers for October 2015. The charts are\u00a0<strong>\u201cCrude Only\u201d<\/strong>\u00a0production and are in thousand barrels per day.<\/div>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/OPEC-12.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10078\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/11\/OPEC-12.jpg\" alt=\"OPEC 12\" width=\"771\" height=\"441\" \/><\/a><\/p>\n<p>OPEC 12 was down 256,000 bpd in October.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Secondary-Sources.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10097\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Secondary-Sources.gif\" alt=\"Secondary Sources\" width=\"576\" height=\"395\" \/><br \/>\n<\/a><\/p>\n<p>OPEC uses secondary sources such as Platts and other agencies to report their production numbers. I find these numbers far more useful than those reported by direct communication with the OPEC countries. Those numbers are political and usually highly inaccurate.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Algeria13.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10079\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Algeria13.png\" alt=\"Algeria\" width=\"769\" height=\"448\" \/><\/a><\/p>\n<p>Algeria peaked in November 2007 \u2013 2008 and has been in a steady decline since that point.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Angola7.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10081\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Angola7.jpg\" alt=\"Angola\" width=\"770\" height=\"449\" \/><\/a><\/p>\n<p>Angola has been holding steady since peaking in 2008 and 2010.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Ecuador8.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10082\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Ecuador8.jpg\" alt=\"Ecuador\" width=\"765\" height=\"441\" \/><\/a><\/p>\n<p>Ecuador appears to have peaked this year. It is likely production will be down, but only slightly, next year.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Iran7.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10083\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2013\/08\/Iran7.jpg\" alt=\"Iran\" width=\"773\" height=\"437\" \/><\/a><\/p>\n<p>Iran appears to be poised to increase production when sanctions are lifted. But don\u2019t expect too much very soon. After years of neglect, their infrastructure is in very bad shape.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>OPEC Crude Production Down in October \u00a0OPEC has published their\u00a0OPEC Monthly Oil Market Report\u00a0with crude only production numbers for October 2015. The charts are\u00a0\u201cCrude Only\u201d\u00a0production and are in thousand barrels per day. OPEC 12 was down 256,000 bpd in October. OPEC uses secondary sources such as Platts and other agencies to report their production numbers. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[588,595,600,6245,6074],"class_list":["post-14365","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-oil","tag-oil-production","tag-opec","tag-peak-oil-barrel","tag-ron-patterson"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14365"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14365\/revisions"}],"predecessor-version":[{"id":14366,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/14365\/revisions\/14366"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}