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Read MoreAuthor: Ovi
April Non-OPEC and World Oil Production Drops
By Ovi
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil producing countries. OPEC production is covered in a separate post.
Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to April 2024. This is the latest and most detailed/complete World Oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Brazil, Norway and China is used to provide a short term outlook.
World oil production decreased by 765 kb/d in April to 81,764 kb/d, green graph. The largest decreases came from Brazil 162 kb/d and Russia 130 kb/d. May’s World oil production is projected to drop by 461 kb/d to 81,301 kb/d largely due to a drop in Non-OPEC production.
Read MoreOpen Thread Non-Petroleum, August 11, 2024
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Read MoreUS May Oil Production Lower Than September
By Ovi
All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to May 2024.
U.S. May oil production dropped by 61 kb/d to 13,178 kb/d. The largest increase came from Texas, 35 kb/d while North Dakota dropped by 43 kb/d.
Read MoreOpen Thread Non-Petroleum August 4, 2024
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