- Description
- Matt Mushalik (MEAust, CPEng) Sydney
![January Bush fires in Adelaide, Australia February Explosion in Kobani, Syria March Great Prophet 9 war games in Straits of Hormuz April Hanging tracks blasted over culvert washout on substandard […]](http://crudeoilpeak.info/wp-content/uploads/2015/12/Russian_missile_Caspian-115x115.jpg "Fireworks calendar 2015")
![The media is full with news that there is a global oil glut. There are now more than 3bn barrels of excess oil in the world 13/11/2015 http://www.telegraph.co.uk/finance/oilprices/11993687/There-are-now-more-than-3bn-barrels-of-excess-oil-in-the-world.html Record oil […]](http://crudeoilpeak.info/wp-content/uploads/2015/12/OECD_stock_change_Dec2015_by_fuel_region-115x115.jpg "Where actually is that much-hyped global oil glut?")
![Arab News reports: KSA pledges SR 30bn Egypt aid 17/12/2015 “JEDDAH: Custodian of the Two Holy Mosques King Salman has ordered that Saudi Arabia’s aid and investment package to Egypt […]](http://crudeoilpeak.info/wp-content/uploads/2015/12/Egypt_budget_sector_revenue_2005_2014_2019-115x115.jpg "Egypt budget and current account deficits – can Saudi Arabia bail out Cairo?")
![Oil production and consumption Fig 1: Oil production vs consumption After a post-peak decline production has stabilized but consumption has increased relentlessly at a long-term 1.7% pa, slightly below population […]](http://crudeoilpeak.info/wp-content/uploads/2015/12/Egypt_oil_production_vs_consumption_1965_2014_BPStatReviewJun2015-115x115.jpg "Egypt update: net oil importer and chokepoints")
![You want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US […]](http://crudeoilpeak.info/wp-content/uploads/2015/11/US_crude_production_USD_50_scenario_2020_IEA_WEO_Nov-2015-115x115.jpg "IEA: US$ 40 oil means 3 mb/d less tight oil by 2020")
![The following graphs use data from the latest Article IV consultation report published by the International Monetary Fund (IMF) in August 2015. All IMF papers on Iraq are here. Government […]](http://crudeoilpeak.info/wp-content/uploads/2015/10/Iraq_Budget_Expenditure_IMF_2010_2020-115x115.jpg "Iraq needs 1.3 mb/d additional oil exports and $US 70 oil to balance budget")
![The latest IMF Article IV consultation report on Saudi Arabia was published on 9 September 2015. http://www.imf.org/external/country/sau/ Extract: Government spending has increased substantially in recent years. Consequently, the breakeven oil […]](http://crudeoilpeak.info/wp-content/uploads/2015/10/Saudi_Arabia_fiscal-break-even_oil-prices_2011-2020_IMF-Sep2015-115x115.jpg "Saudi Arabia’s fiscal break-even oil price to be around $US 100 mark for the foreseeable future")
![According to EIA data, monthly US crude oil production peaked in April 2015 at 9.6 mb/d. Fig 1: US crude oil production to June 2015 http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_m.htm The above graph shows […]](http://crudeoilpeak.info/wp-content/uploads/2015/09/US_crude_production_Jan2007-Jun2015_EIA-115x115.jpg "US shale oil too expensive, peaks 1H 2015")
![While the attention of the world is on the refugee crisis we need to look at the causes of this mass exodus. Fig 1: Refugees walking on Hungarian motorway towards […]](http://crudeoilpeak.info/wp-content/uploads/2015/09/Hungary_refugees_walking-115x115.jpg "Syria peak oil weakened government’s finances ahead of Arab Spring in 2011")
![This is the 3rd article using data from the BP Statistical Review published in June 2015 Fig 1: Western Europe oil consumption, oil prices in $2014 Total oil consumption peaked […]](http://crudeoilpeak.info/wp-content/uploads/2015/08/Western_Europe_oil_consumption_1965-2014-115x115.jpg "Europe oil consumption peaked 2005")
Categories
- Africa
- Algeria
- Angola
- Asia
- Australia
- Australia Budget
- Australia Transport
- Australian Mining
- Australian natural gas
- Australian rail
- Australian refineries
- Aviation
- BP
- BP Statistical Review
- Cars
- China
- Coal Seam Gas
- Crude oil analysis
- Debt
- Egypt
- Europe
- Feature1
- Global
- Hormuz
- India
- Iran
- Iraq
- Japan
- Korea
- Kuwait
- Latin America
- Libya
- Malaysia
- Middle East
- Motorways
- New South Wales
- North Sea
- OPEC
- Peaky Leaks
- Persian Gulf
- Power Supply
- Qatar
- Red Sea
- Russia
- Saudi Arabia
- Shale gas
- Shell
- Shipping
- Singapore
- South East Asia
- Sudan
- Sydney
- Sydney Metros
- Syria
- Taiwan
- Tony Abbott Australian PM
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- Venezuela
- Vietnam
Sidebar menu
- Net oil importers
- Oil Exports
- Crude oil imports
- Downloads
- Latest Graphs
- Oil price analysis
US drilling rig count
International drilling rig count- Australian fuel prices
- Diary
- International oil companies
US tight oil production
China peak oil
World liquids supply – demand balance
Tankers arriving and departing in Sydney
Australian oil and fuel imports
-