OPEC January Production Data

All OPEC data below is from the February edition of the OPEC Monthly Oil Market Report. The data thousand barrels per day and is through January 2020. OPEC Monthly Oil Marker Report

OPEC 14 crude oil production was down 509,000 barrels per day in January. And that was after December production was revised down 86,000 barrels per day.

OPEC announced a couple of months ago that Ecuador was leaving the cartel. However they were still included in January’s data. I have no idea what’s going on.

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OPEC Production Data for October 2019

All OPEC charts below were taken from the OPEC Oil Market Report. The data is in thousand barrels per day and is through October 2019

OPEC 14 bounced back from last month’s decline. And there were major revisions in the September data. Saudi Arabia’s September production was revised up 232,000 bpd, Nigeria’s production revised up by 96,000 bpd and OPEC 14 September production was revised up by 316,000 bpd.

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