Peak Oil
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OPEC Update, February 2025
The OPEC Monthly Oil Market Report (MOMR) for February 2025 was published recently. The last month reported in most of the OPEC charts that follow…
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Short Term Energy Outlook, February 2025
The EIA Short Term Energy Outlook (STEO) was published recently. An estimate for World C+C output from November 2024 to December 2026 is presented in…
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October Non-OPEC and World Oil Production Rose
By Ovi The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC…
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U.S. November Oil Production Drops to Year Ago Level
By Ovi All of the Crude plus Condensate (C + C) production data, oil, for the US state charts comes from the EIAŹ¼s Petroleum Supply monthly PSM which provides…
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OPEC Update, January 2025
The OPEC Monthly Oil Market Report (MOMR) for January 2025 was published recently. The last month reported in most of the OPEC charts that follow…
Featured Post
https://oilprice.com/Energy/Crude-Oil/What-Can-Saudi-Arabia-Do-to-Stop-Oil-Prices-From-Spiking-Further.html Short answer is not much. Spare capacity and reserves are far lower than claimed by KSA.
shallow sand, You are wise, think we may see oil prices continue to rise.
https://oilprice.com/Latest-Energy-News/World-News/Cargo-Ship-Hit-by-Projectile-in-Strait-of-Hormuz-as-Tanker-Crisis-Continues.html OPEC Big 4 have reduced output by about 5 Mb/d. It will be difficult to replace this oil, though…
Not just US auto industry, Japan also increased price for basic gas saving cars like Corolla by 50% in the…
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https://oilprice.com/Latest-Energy-News/World-News/G7-Backs-Oil-Reserves-Release-to-Curb-Middle-East-Supply-Crunch.html Using numbers in piece linked above we have about 1800 million barrels in IEA SPR and 20% of World…