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).
The OPEC Monthly Oil Market Report for January 2020 was published this past week. The last month reported in each of the charts that follow is January 2021 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d).
This update reports data from the Monthly Oil Market Report (MOMR) published by OPEC on December 14, 2020. The latest data point in each chart presented is November 2020 and output is thousands of barrels per day (kb/d).
OPEC output in October was revised 14 kb/d higher than reported in the October MOMR to 24,402 kb/d. November 2020 OPEC output increased by 707 kb/d to 25,109 kb/d.
Read MoreAll OPEC data for this report is from the OPEC Monthly Oil Market Report. All data is through October 2020 and is in thousand barrels per day.
The combined production of all OPEC nations was up 322,000 barrels per day in October. However, that was after September production had been revised downward by 41,000 barrels per day.
Libya had the big gain in October.
Read MoreData for the OPEC charts below are from the OPEC Monthly Oil Market Report and is in thousand barrels per day. All data is through September 2020.
There was little change in OPEC production in September.
Total OPEC production was down 47,000 barrels per day in September but that was after August production was revised upward by 109,000 bpd.
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