The OPEC Monthly Oil Market Report is out. OPEC took a hit in December, down 205,000 barrels per day. After examining the past and present production numbers, I believe that OPEC, except Iran, has peaked. That is, the combined production from all the … Continue reading
Tag Archives: Angola
OPEC has published their OPEC Monthly Oil Market Report with crude only production numbers for October 2015. The charts are “Crude Only” production and are in thousand barrels per day. OPEC 12 was down 256,000 bpd in October.
The OPEC Monthly Oil Market Report is just out with crude only production numbers for all OPEC countries for April 2015. According to their secondary sources OPEC 12 production was up 18,000 bpd but that was after March production had … Continue reading