The OPEC Monthly Oil Market Report (MOMR) for August 2024 was published recently. The last month reported in most of the OPEC charts that follow is July 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.
Author: D Coyne
Open Thread Non-Petroleum, August 28, 2024
Comments not related to oil or natural gas production in this thread please. Thanks.
Read MoreShort Term Energy Outlook, August 2024
The EIA STEO was published recently, the estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. The monthly peak in November 2018 is also expected to be surpassed in November 2025.
Open Thread Non-Petroleum, August 21, 2024
Comments not related to oil or natural gas production in this thread please. Thanks.
Read MoreShort Term Energy Outlook, July 2024
The EIA STEO was published recently the estimate below is based on data from that report and statistics from the EIA International Energy Statistics. The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025.