The OPEC Monthly Oil Market Report is just out with crude only production numbers for all OPEC countries for April 2015.
According to their secondary sources OPEC 12 production was up 18,000 bpd but that was after March production had been revised up 39,000 bpd.
Saudi was up 27,000 bpd. They are still 15,000 bpd below their peak in August 2013.
The OPEC Monthly Oil Market Report is out with OPEC crude only production numbers for March 2015.
OPEC production was up 812,000 barrels per day. The increase came primarily from three countries:
Saudi Arabia was up 347,000 barrels per day to 10,010,000 bpd.
Last year I posted a lot of data published in the EIA’s Annual Energy Outlook 2014 published in May of last year, and the next one is due out Tuesday April 14. We are looking forward to that. But the EIA’s International Energy Outlook 2014, published last September, completely slipped by me. How did I miss that? But I looked at their predictions for world Crude plus Condensate production I found it very interesting.
In the below, though the data was posted in September, I have assumed the 2014 data was complete. Though it may be a little off it is close enough for, as the saying goes, “government work”‘. The data is in million barrels per day with the last data point 2040.
The EIA is expecting World C+C to reach just over 99 million barrels per day in 2040. That will be up 21.25 million bpd from 2014.
This chart shows just which countries, they believe, will be responsible for that 21.25 million bpd increase. That is except for OPEC. They do not break out OPEC production by country.
The katest OPEC Monthly Oil Market Report is out with OPEC crude only production numbers for February. All data in the OPEC charts below is in thousand barrels per day and the last data point is February 2015.
Total OPEC crude only production was down 137,600 barrels per day in February.
Algeria seems to have stabilized their decline.
The latest OPEC Monthly Oil Market Report is out with all the OPEC crude only production numbers for January 2015. There were very little revisions in the December numbers this month.
Total OPEC production of crude only was down 53,000 barrels per day in January to 30,153,000 barrels per day of crude only.
Algerian production has leveled out in the last year and a half but down slightly the last couple of months. January production slipped 13,000 bpd to 1,130,000 bpd.