Definition: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2019See also: Oil - production map
OPEC August 2020 Oil Production
Seeking Alpha - 9/15/2020 11:31:00 PM
OPEC 13 crude only production was up 763,000 barrels per day in August. Iran seems to have bottomed out at just under 2,000,000 barrels per day.
Oil levels off near $40 as OPEC+ meets to discuss weakening demand
World Oil - 9/17/2020 11:20:00 AM
Oil steadied after its biggest surge since June as the OPEC cartel and its partners prepared to assess a downbeat outlook for the crude market.
OPEC and non-OPEC allies to review oil production cuts after dire demand warnings
CNBC on MSN.com - 9/17/2020 7:35:31 AM
OPEC allies will hold a virtual meeting on Thursday to review the oil market and discuss compliance with deep production cuts.
Saudi oil minister admonishes OPEC+ quota cheaters
World Oil - 9/17/2020 2:51:00 PM
In recent months, the UAE has become one of the worst quota-breakers among the Organization of Petroleum Exporting Countries and its allies. The UAE made just 10% of its pledged cuts in August, according to the International Energy Agency.
Oil trader Vitol projects rapidly shrinking stockpiles by year’s end
World Oil - 9/16/2020 10:55:00 AM
Vitol Group said inventories have been falling sharply and will continue to decline this year. Trafigura Group, the second-biggest trader, says the market will go back into a surplus. Both companies forecast demand to stagnate and foresee a volatile few months before a gradual recovery next year.
Great leap forward for Uganda’s oil production
The Daily Monitor on MSN.com - 9/16/2020 12:00:00 AM
Last week ended with some surprising good news – that the Government of Uganda, and French oil giant Total E&P – had concluded negotiations on the Host Government Agreement (HGA). This agreement is significant because it is the contract that governs rights and obligations of Total E&P as a foreign investor in a host country with regard to a project.
Non-OPEC Oil Production Collapses In April
Seeking Alpha - 8/23/2020 1:50:00 AM
The orange square represents world oil production if the Non-OPEC countries' output had not dropped by 1,751 kb/d. In other words, if the OPEC output surge of 1,991 kb/d had been added to a stable ...
OPEC+ leaders push to maintain production cuts as oil recovery slows
World Oil - 8/19/2020 4:47:00 PM
LONDON (Bloomberg) --OPEC+ emphasized the need to stick closely to its planned oil-production cuts to guard ... the Organization of Petroleum Exporting Countries to fulfill their pledged output ...
Oil crests $43 on continued Chinese recovery and bullish analyst reports
World Oil - 8/31/2020 11:22:00 AM
LONDON (Bloomberg) --Oil rose above $43 a barrel in New ... The market is also contending with increasing production from OPEC+ countries as the group eases its historic output cuts from earlier ...
Nigeria Plans To Boost Oil Production By 250,000 Bpd
Crude Oil Prices - 8/20/2020 3:52:00 PM
3 days People in the Military are.. 24 hours “COVID-911: From Homeland Security to Biosecurity” 33 minutes by Corbett Report 2 days Hunter Biden's Chinese Firm helps China buy Michigan ...