All OPEC data below is from the OPEC Monthly Oil Market Report. It is thousand barrels per day and is through February 2020.
The OPEC data no longer includes Ecuador. OPEC 13 was down 546,000 barrels per day in February.
The only major decliners were Libya and Saudi Arabia.
Read MoreAll OPEC data below is from the February edition of the OPEC Monthly Oil Market Report. The data thousand barrels per day and is through January 2020. OPEC Monthly Oil Marker Report
OPEC 14 crude oil production was down 509,000 barrels per day in January. And that was after December production was revised down 86,000 barrels per day.
OPEC announced a couple of months ago that Ecuador was leaving the cartel. However they were still included in January’s data. I have no idea what’s going on.
Read MoreAll OPEC data for the charts below are from the OPEC Monthly Oil Market Report https://momr.opec.org/pdf-download/
OPEC crude oil production continued to slide in December.
The OPEC data for the charts below are from the OPEC Monthly Oil Market Report.
and is thousand barrels per day.
OPEC 14 was down 193,000 barrels per day in November but that was after October production had been revised up by 94,000 bpd.
OPEC 14 bounced back from last month’s decline. And there were major revisions in the September data. Saudi Arabia’s September production was revised up 232,000 bpd, Nigeria’s production revised up by 96,000 bpd and OPEC 14 September production was revised up by 316,000 bpd.
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