{"id":29912,"date":"2018-01-19T08:42:17","date_gmt":"2018-01-19T13:42:17","guid":{"rendered":"http:\/\/olduvai.ca\/?p=29912"},"modified":"2018-01-19T08:42:17","modified_gmt":"2018-01-19T13:42:17","slug":"opec-december-oil-production","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=29912","title":{"rendered":"OPEC December Oil Production"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/opec-december-oil-production\/\">OPEC December Oil Production<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p>The latest <a href=\"https:\/\/momr.opec.org\/pdf-download\/\">OPEC Monthly Oil Market Report<\/a> is out with production numbers for <strong>December 2017<\/strong>. All data is in\u00a0thousand barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18450\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/OPEC-14.jpg\" sizes=\"auto, (max-width: 771px) 100vw, 771px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/OPEC-14.jpg 771w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/OPEC-14-300x172.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/OPEC-14-768x439.jpg 768w\" alt=\"\" width=\"771\" height=\"441\" \/><\/p>\n<p>Total OPEC crude only production was up by 42,400 barrels per day in December. However, that was after November production was revised downward by 75,000 bpd. So OPEC production was actually down 33,000 bpd\u00a0from what was reported last month.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18451\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Secondary-Sources-1.jpg\" sizes=\"auto, (max-width: 643px) 100vw, 643px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Secondary-Sources-1.jpg 643w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Secondary-Sources-1-300x136.jpg 300w\" alt=\"\" width=\"643\" height=\"292\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18452\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Secondary-Sources-2.jpg\" sizes=\"auto, (max-width: 645px) 100vw, 645px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Secondary-Sources-2.jpg 645w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Secondary-Sources-2-300x137.jpg 300w\" alt=\"\" width=\"645\" height=\"294\" \/><\/p>\n<p>I have posted OPEC production according to \u201csecondary sources\u201d as well as OPEC production based on \u201cdirect communication\u201d in order to show what Venezuela said they were producing when called by the editors of the MOMR. More about that below Venezuela\u2019s production chart.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18453\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Algeria.jpg\" sizes=\"auto, (max-width: 769px) 100vw, 769px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Algeria.jpg 769w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Algeria-300x174.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Algeria-768x446.jpg 768w\" alt=\"\" width=\"769\" height=\"447\" \/><\/p>\n<p>Algeria was up 30,000 bpd in December but the downward trend continues.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18455\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Angola.jpg\" sizes=\"auto, (max-width: 773px) 100vw, 773px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Angola.jpg 773w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Angola-300x175.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Angola-768x447.jpg 768w\" alt=\"\" width=\"773\" height=\"450\" \/><\/p>\n<p>Angola\u2019s crude oil production is holding steady.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-18456\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Ecuador.jpg\" sizes=\"auto, (max-width: 766px) 100vw, 766px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Ecuador.jpg 766w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/01\/Ecuador-300x173.jpg 300w\" alt=\"\" width=\"766\" height=\"441\" \/><\/p>\n<p>Ecuador\u2019s latest peak was in 2015 and they have been in slow decline since then.<\/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 December Oil Production The latest OPEC Monthly Oil Market Report is out with production numbers for December 2017. All data is in\u00a0thousand barrels per day. Total OPEC crude only production was up by 42,400 barrels per day in December. However, that was after November production was revised downward by 75,000 bpd. So OPEC production [&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":[184,595,13760,600,6245,6074],"class_list":["post-29912","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-crude-oil","tag-oil-production","tag-oil-production-statistics","tag-opec","tag-peak-oil-barrel","tag-ron-patterson"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29912","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=29912"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29912\/revisions"}],"predecessor-version":[{"id":29913,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/29912\/revisions\/29913"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}