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Read MoreOPEC Update, March 2021
The OPEC Monthly Oil Market Report for March 2021 was published this past week. The last month reported in each of the charts that follow is February 2021 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). The numbers at the left side of the graphs show February 2021 output (and in some cases the trailing 12 month average output).
Open Thread Non Petroleum, March 15, 2021
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BRAZIL SUMMARY
A guest post by George Kaplan
Leasing
The creaming curve for lease sales in Brazil looks like it is turning towards the asymptote overall. Unfortunately there is insufficient data provided to allow land and marine leasing to be separated but I expect that the curve for land is close to the limit but that for marine areas is barely half way. The average take up of offers has remained high, which suggests APB, the Brazilian authority in charge, is discerning about what it offers.
Open Thread Non-Petroleum, March 6, 2021
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