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.
Read MoreAll OPEC data below is from the September OPEC Monthly Oil Market Report. The data is through August 2020 and is in thousand barrels per day.
NOTE: This new theme is screwing up the size of my charts. It seems it has a size threshold where they have to be slightly larger than my input charts to show up larger. I will have it fixed by next my next post where all the charts show up larger.
OPEC 13 crude only production was up 763,000 barrels per day in August. However, that was after June production was revised upward by 50,000 barrels per day and July production was revised upward by 110,000 barrels per day.
This is the data used in the charts below. It is basically a composite of reports by several production tracking agencies.
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