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Read MoreMay Non-OPEC & 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 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.
Read MoreOpen Thread Non-Petroleum September 12, 2024
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Read MoreUS June Oil Production Lower than November 2023.
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 June 2024.
U.S. June oil production rose by 25 kb/d to 13,214 kb/d. The largest increase came from Texas, 58 kb/d while 7 states had production drops totalling 51 kb/d.
Read MoreOpen Thread Non-Petroleum, September 5, 2024
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