The EIA’s Short-Term Energy Outlook

The EIA’s Short-Term Energy Outlook gives the USA data as C+C as well as all liquids, OPEC as crude only, but the rest of the world is Total Liquids only. All STEO charts below are million barrels per day. Other charts, not part of the STEO, are in thousand barrels per day. Also note that the EIA post known data in bold and future predictions in a lighter font. They post known data through November 2022.

Obviously all production is not known through November, but I have not tried to guess what they do know but posted the data as they posted it, known through November. But understand the November data, as well as October data, will almost certainly be revised later.

The EIA sees World Total Liquids declining early in 2023 with no gain for the total year.

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OPEC Update, December 2022

The OPEC Monthly Oil Market Report (MOMR) for December 2022 was published recently. The last month reported in most of the OPEC charts that follow is November 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. 

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