The OPEC Monthly Oil Market Report (MOMR) for September 2022 was published recently. The last month reported in most of the OPEC charts that follow is August 2022 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In most of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output.
All 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.
Read MoreAll OPEC data below is from the August OPEC Monthly Oil Market Report. The data is through July 2020 and is in thousand barrels per day.
OPEC crude only was up almost one million barrels per day in July.
The lions share of the increase in OPEC production came Saudi Arabia. Iraq, Kuwait, and the UAE accounted for the rest.
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