Category: peak oil

May Non-OPEC & World Oil Production Drops

Ovi 57 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 May 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 687 kb/d in May to 81,036 kb/d, green graph. The largest decreases came from Canada 259 kb/d, Saudi Arabai 200 kb/d and Norway 138 kb/d. June’s World oil production is projected to drop by 249 kb/d to 80,787 kb/d.

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April Non-OPEC and World Oil Production Drops

Ovi 76 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 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.

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OPEC Update, December 2023

D Coyne 193 Comments

The OPEC Monthly Oil Market Report (MOMR) for December 2023 was published recently. The last month reported in most of the OPEC charts that follow is November 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. 

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June Non-OPEC and World Oil Production

Ovi 162 Comments

By Ovi

This month’s report is a shorter version of previous posts because the EIA’s International Energy Statistics update for June is not 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 for future output and direction for a few of these countries and the world.

Where STEO data was used, the ratio of C + C to All Liquids was calculated. The average for the last four months was used to project June, July and August production for a few countries.

World oil production and projection charts are presented at the end of this post.

The October STEO is projecting June Non-OPEC oil production to increase by 1,069 kb/d to 51,079 kb/d. Close to 500 kb/d of that increase is associated with the upward revision of Russian output from last month. In the previous EIA May report, Russian condensate was not included in Russian production.

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