Norway August Oil Production Rebounds

A guest post by Ovi

Typically the POB posts have a theme. However due to EIA schedule changes for issuing their reports and missing EIA reports, this post contains oil production updates for a several Non-OPEC countries plus the September DPR report. The country updates come from a combination of official country websites and news articles.

The Norway Petroleum Directorate (NPD) reported that production rebounded from June to July to 1,664 kb/d and then rose to 1,773 kb/d in August. (Red markers.). According to the NPD: “Oil production in August was 3.1 percent lower than the NPD’s forecast and 4.7 percent lower than the forecast so far this year.” 

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OPEC Update, September 18, 2022

The OPEC Monthly Oil Market Report (MOMR) for September 2022 was published recently. The last month reported in most of the OPEC charts that follow is August 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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