UAE – Page 2 – Peak Oil Barrel

OPEC May 2020 Oil Production

06/18/202006/18/2020 Ron Patterson 151 Comments

All OPEC charts below were taken from the latest OPEC Monthly Oil Market Report.

All data is through May 2020 and is in thousand barrels per day.

OPEC crude only production was down 6,300,000 barrels per day in May.

Oil production in every OPEC Nation except Iran was down in May.

OPEC April 2020 Production Data

05/16/202005/16/2020 Ron Patterson 87 Comments

by RON PATTERSON posted on 05/16/2020 [EDIT]

All OPEC data in the charts below are from the OPEC Monthly Oil Market Report. The data is through April and is in thousand barrels per day.

OPEC 13 crude oil production was up 1.8 million barrels per day in April. They are about 3 million barrels per day below their November 2016 High.

As you can see the increase came from only three countries, Saudi Arabia, Kuwait, and the United Arab Emirates.

OPEC March 2020 Production Data

04/16/202004/16/2020 Ron Patterson 398 Comments

All OPEC data reflected in the charts below are from the April edition of the OPEC Monthly Oil Market Report. https://momr.opec.org/pdf-download/ The data in in thousand barrels per day and all data is through March 2020.

Though OPEC 13 was up 821,000 barrels per day in March it was still the fourth lowest month in 9 years.

Iran, Libya, and Venezuela are exempt from the agreed on cuts. These three were down a combined 206,000 barrels per day. Those subject to cuts, were up a combined 1,026,000 barrels per day.

OPEC February Production Data

03/27/202005/16/2020 Ron Patterson 240 Comments

All OPEC data below is from the OPEC Monthly Oil Market Report. It is thousand barrels per day and is through February 2020.

The OPEC data no longer includes Ecuador. OPEC 13 was down 546,000 barrels per day in February.

The only major decliners were Libya and Saudi Arabia.

OPEC January Production Data

02/13/202002/13/2020 Ron Patterson 285 Comments

All OPEC data below is from the February edition of the OPEC Monthly Oil Market Report. The data thousand barrels per day and is through January 2020. OPEC Monthly Oil Marker Report

OPEC 14 crude oil production was down 509,000 barrels per day in January. And that was after December production was revised down 86,000 barrels per day.

OPEC announced a couple of months ago that Ecuador was leaving the cartel. However they were still included in January’s data. I have no idea what’s going on.