The Short Term Energy Outlook (STEO) was published by the US Energy Information Administration (EIA). Most of the oil information was covered in an earlier post. Oil price forecast below.
Read MoreAuthor: D Coyne
Open Thread Non-Petroleum, April 26, 2023
Comments not related to Oil or Natural Gas production in this thread please. Thank you.
OPEC Update, April 2023
The OPEC Monthly Oil Market Report (MOMR) for April 2023 was published recently. The last month reported in most of the OPEC charts that follow is March 2023 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In many of the OPEC charts that follow the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output.
Read MoreOpen Thread Non-Petroleum, April 19, 2023
Comments not related to oil or natural gas production in this thread please, thanks.
EIA Short Term Energy Outlook and Annual Energy Outlook 2023
The EIA updated the Short Term Energy Outlook (STEO) in March and also released the 2023 version of the Annual Energy Outlook in March. This post will take a brief look at both of these reports with a focus on Crude plus Condensate (C+C) Output for the World, OPEC and Non-OPEC in the case of the STEO through the fourth quarter of 2024 and US C+C output for three oil price cases from 2022 to 2050, reference (medium oil price), high and low oil price cases.