The EIA STEO was published recently, the estimate for World C+C output from September 2024 to December 2024 in the chart below is based on crude oil estimates in the STEO for World minus US C+C output and the ratio of the STEO crude estimates and C+C estimates from the EIA’s International Energy Statistics for World minus US C+C output for the most recent 12 months (September 2023 to August 2024).
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Read MoreThe OPEC Monthly Oil Market Report (MOMR) for October 2024 was published recently. The last month reported in most of the OPEC charts that follow is September 2024 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the OPEC charts below the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output.
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Read MoreThe EIA STEO was published recently, most estimates for Petroleum liquids and crude oil output have been revised lower compared to the estimates in September’s report.
