{"id":37729,"date":"2018-09-13T08:57:10","date_gmt":"2018-09-13T13:57:10","guid":{"rendered":"http:\/\/olduvai.ca\/?p=37729"},"modified":"2018-09-13T08:57:10","modified_gmt":"2018-09-13T13:57:10","slug":"opec-august-production-data","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=37729","title":{"rendered":"OPEC August Production Data"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/opec-august-production-data-2\/\">OPEC August Production Data<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p>Data for the OPEC charts below are from the <a href=\"http:\/\/peakoilbarrel.com\/opec-august-production-data-2\/OPEC.org\">OPEC Monthly Oil Market Report<\/a>. All OPEC data are through <strong>August 2018<\/strong> and in thousand barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20428\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/OPEC-15.jpg\" sizes=\"auto, (max-width: 817px) 100vw, 817px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/OPEC-15.jpg 817w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/OPEC-15-300x160.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/OPEC-15-768x409.jpg 768w\" alt=\"\" width=\"817\" height=\"435\" \/><\/p>\n<p>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 bpd.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20429\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Secondary-Sources.jpg\" sizes=\"auto, (max-width: 653px) 100vw, 653px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Secondary-Sources.jpg 653w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Secondary-Sources-300x203.jpg 300w\" alt=\"\" width=\"653\" height=\"442\" \/><\/p>\n<p>July OPEC production was revised down 38,000 barrels per day.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20430\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Algeria.jpg\" sizes=\"auto, (max-width: 811px) 100vw, 811px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Algeria.jpg 811w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Algeria-300x176.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Algeria-768x450.jpg 768w\" alt=\"\" width=\"811\" height=\"475\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20431\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Angola.jpg\" sizes=\"auto, (max-width: 787px) 100vw, 787px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Angola.jpg 787w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Angola-300x180.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Angola-768x460.jpg 768w\" alt=\"\" width=\"787\" height=\"471\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20432\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Congo.jpg\" sizes=\"auto, (max-width: 723px) 100vw, 723px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Congo.jpg 723w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Congo-300x196.jpg 300w\" alt=\"\" width=\"723\" height=\"472\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20433\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Ecuador.jpg\" sizes=\"auto, (max-width: 807px) 100vw, 807px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Ecuador.jpg 807w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Ecuador-300x162.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Ecuador-768x415.jpg 768w\" alt=\"\" width=\"807\" height=\"436\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20434\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Equatorial-Guinea.jpg\" sizes=\"auto, (max-width: 777px) 100vw, 777px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Equatorial-Guinea.jpg 777w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Equatorial-Guinea-300x171.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Equatorial-Guinea-768x438.jpg 768w\" alt=\"\" width=\"777\" height=\"443\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20435\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Gabon.jpg\" sizes=\"auto, (max-width: 847px) 100vw, 847px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Gabon.jpg 847w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Gabon-300x153.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Gabon-768x392.jpg 768w\" alt=\"\" width=\"847\" height=\"432\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20436\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iran.jpg\" sizes=\"auto, (max-width: 790px) 100vw, 790px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iran.jpg 790w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iran-300x166.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iran-768x424.jpg 768w\" alt=\"\" width=\"790\" height=\"436\" \/><\/p>\n<p>Sanctions are beginning to have an affect on Iranian production.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20437\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iraq.jpg\" sizes=\"auto, (max-width: 855px) 100vw, 855px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iraq.jpg 855w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iraq-300x153.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Iraq-768x391.jpg 768w\" alt=\"\" width=\"855\" height=\"435\" \/><\/p>\n<p>Iraq reached a new high in August, but just barely. They had 4,649,000 bpd. Their previous high was 4,642,000 bpd in December 2016.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20438\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Kuwait.jpg\" sizes=\"auto, (max-width: 791px) 100vw, 791px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Kuwait.jpg 791w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Kuwait-300x164.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Kuwait-768x420.jpg 768w\" alt=\"\" width=\"791\" height=\"433\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20439\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Libya.jpg\" sizes=\"auto, (max-width: 809px) 100vw, 809px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Libya.jpg 809w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Libya-300x159.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Libya-768x408.jpg 768w\" alt=\"\" width=\"809\" height=\"430\" \/><\/p>\n<p>Libya was the big gainer in August, up 256,000 bpd to 926,000 bpd. They are still fighting rebels however. They will likely be down slightly in September.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20440\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Nigeria.jpg\" sizes=\"auto, (max-width: 790px) 100vw, 790px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Nigeria.jpg 790w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Nigeria-300x165.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Nigeria-768x422.jpg 768w\" alt=\"\" width=\"790\" height=\"434\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20441\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Qatar.jpg\" sizes=\"auto, (max-width: 808px) 100vw, 808px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Qatar.jpg 808w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Qatar-300x170.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Qatar-768x436.jpg 768w\" alt=\"\" width=\"808\" height=\"459\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20442\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Saudi-Arabia.jpg\" sizes=\"auto, (max-width: 795px) 100vw, 795px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Saudi-Arabia.jpg 795w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Saudi-Arabia-300x174.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Saudi-Arabia-768x445.jpg 768w\" alt=\"\" width=\"795\" height=\"461\" \/><\/p>\n<p>I think Saudi Arabia will hold pretty close to this level for awhile now.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20443\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/UAE.jpg\" sizes=\"auto, (max-width: 811px) 100vw, 811px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/UAE.jpg 811w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/UAE-300x160.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/UAE-768x409.jpg 768w\" alt=\"\" width=\"811\" height=\"432\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-20444\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Venezuela.jpg\" sizes=\"auto, (max-width: 796px) 100vw, 796px\" srcset=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Venezuela.jpg 796w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Venezuela-300x165.jpg 300w, http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2018\/09\/Venezuela-768x424.jpg 768w\" alt=\"\" width=\"796\" height=\"439\" \/><\/p>\n<p>Venezuela\u2019s decline continues. They are now over 1,100,000 barrels per day from their average in 2015.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 [&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":[595,600,3398,6245,6074],"class_list":["post-37729","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-oil-production","tag-opec","tag-opec-oil-production","tag-peak-oil-barrel","tag-ron-patterson"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37729","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=37729"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37729\/revisions"}],"predecessor-version":[{"id":37730,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/37729\/revisions\/37730"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}