All data below is based on the latest OPEC Monthly Oil Market Report. All data is through April 2017 and is in thousand barrels per day. Looking at the above chart it seems obvious what most OPEC nations were doing. They announced in … Continue reading
Tag Archives: Nigeria
The new January OPEC Monthly Oil Market Report is out with crude only production numbers for January 2017. All charts are in thousand barrels per day. OPEC crude oil production dropped to 32,139,000 bpd in January. November production was revised upward by 68,000 … Continue reading
Bakken oil production was down 10,119 barrels per day in September and all North Dakota production was down 10,353 bpd in September. Bakken production continues to decline though I expect it to level off soon.
All charts are through February 2016 The OPEC Monthly Oil Market Report just came out. The charts are “Crude Only” production and do not reflect condensate production. Also the charts, except for Libya, are not zero based. I chose to amplify the … Continue reading
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