Author: Ovi

March Non-OPEC and World Oil Production Rose

Ovi 90 Comments

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 March 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 increased by 440 kb/d in March to 82,585 kb/d, green graph. The largest increase came from Saudi Arabia 100 kb/d while Brazil had the biggest drop, 92 kb/d. April’s World oil production is projected to drop by 762 kb/d to 81,823 kb/d largely due to a drop in Non-OPEC production.

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US April Oil Production Rose Again

Ovi 142 Comments

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 April 2023.

U.S. April oil production rose by 72 kb/d to 13,248 kb/d. The largest increases came from Texas, 53 kb/d while New Mexico dropped by 24 kb/d.

US production has been flat since September 2023.

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February Non-OPEC and World Oil Production Rises

Ovi 136 Comments

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 February 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 increased by 553 kb/d in February to 82,219 kb/d, green graph. The largest increase came from the U.S., 578 kb/d. March’s World oil production is projected to rise by 402 kb/d to 82,621 kb/d. As a check on the estimate for February 2024 that was made in the previous forecast, it was 82,204 kb/d, low by 15 kb/d.

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