The EIA recently released its International Energy Outlook and it is quite optimistic. In the chart below I compare their estimate for World Crude plus Condensate (C+C) output with an oil shock model with a URR of about 3100 Gb.
The EIA released the latest edition of their Electric Power Monthly on August 26th, with data for June 2019. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months and the year to date. Read More
The OPEC charts below were produced from data published in the OPEC Monthly Oil Market Report.
The OPEC 14 was up 136,000 barrels per day in August.Read More
