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OPEC Archive
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OPEC12 peak 2016-2018
Posted on September 12, 2024 | No CommentsFig 1: OPEC12 crude production peaked 2015-2018 Crude oil in the EIA statistics includes condensate (C&C). The data are around 2.2 mb/d higher than the crude only published in OPEC’s […] -
OPEC 10 crude production and quotas during Covid
Posted on December 11, 2022 | No CommentsOPEC entered the 1st Covid year 2020 with reference production data and “voluntary adjustments” which were set by the Joint Ministerial Monitoring Committee (JMMC) on 18 Jan 2019. https://www.opec.org/opec_web/en/press_room/5357.htm Fig […] -
Australian ABC TV selectively quotes BP to match its own “no worries” narrative
Posted on May 29, 2017 | No CommentsOn the 7 pm news of Friday, 26/5/2017, with 610K viewers, ABC TV quoted from BP’s Energy Outlook 2017 by cherry-picking parts of graphs, giving viewers the impression that there […] -
OPEC’s 2017 production cuts: a confusing numbers game (part 2)
Posted on December 9, 2016 | No CommentsIn this second part we look at OPEC production cuts for January 2017 in the context of historical production using JODI data. OPEC is very fond of JODI, the Joint […] -
OPEC’s 2017 production cuts: a confusing numbers game (part 1)
Posted on December 8, 2016 | No CommentsWhat the agreement said Fig 1: Production table from OPEC’s press release referred to as “agreement table” “1. In the fulfilment of the implementation of the Algiers Accord, 171st Ministerial […]