Once a month the Energy Minister’s weekly fuel update https://minister.dcceew.gov.au/bowen/transcripts/press-conference-fairfield-west-nsw-7 coincides with the release of new data from the Australian Petroleum Statistics (in this case August), the moment of the truth because…
Category: Russia
Post-Covid crude production in world outside the US still lower than end 2018
This is part 2 of the previous post of 4 Mar 2025 https://crudeoilpeak.info/us-shale-oil-seems-to-cover-up-peaking-crude-oil-production-in-the-rest-of-the-world-since-2018 In this post we focus on the period 2016 – Oct 2024 This is a graph showing the changes…
Russian oil quota history December 2018 – June 2024
Continued from previous post Non-OPEC 10 oil production plateau ended 2019 20 Oct 2024 https://crudeoilpeak.info/non-opec-10-oil-production-plateau-ended-2019 Now let’s check how actual production compares to OPEC quotas. The focus here is on the period…
Non-OPEC 10 oil production plateau ended 2019
In December 2016, OPEC signed an agreement with 10 non-OPEC oil-producing countries to form OPEC+ in response to falling oil prices. “The joint conference noted that OPEC Member Countries met on 30 November 2016 and decided to implement a production adjustment of 1.2 million barrels a day, effective from 1 January…
Russian oil production update Nov 2021
Pic 1: Druzhba oil pipeline, refineries supplied https://fingfx.thomsonreuters.com/gfx/ce/7/4144/4136/Druzhba%20IEA.png .Fig 2: Crude production peaked before Covid at around 10.6 mb/d That this production level would be some kind of limit was known for…