- Description
- Matt Mushalik (MEAust, CPEng) Sydney
![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 […]](https://crudeoilpeak.info/wp-content/uploads/Russia-crude-vs-OPEC-quotas-Dec2018-Jun2024.jpg "Russian oil quota history December 2018 – June 2024")
![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 […]](https://crudeoilpeak.info/wp-content/uploads/OPEC-Plus-crude-production-1973-Apr2024.jpg "Non-OPEC 10 oil production plateau ended 2019")
![T3 Bankstown line to close from Monday 26 Sep 2024 The closure of the T3 Bankstown line between Sydenham and Bankstown will begin from Monday 30 September to convert the […]](https://crudeoilpeak.info/wp-content/uploads/Sydney-Rail-Map-annotated.jpg "Sydney is about to close rail line amid high risk of Middle East oil crisis")
![Fig 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 […]](https://crudeoilpeak.info/wp-content/uploads/OPEC-crude-production-1973-Apr2024.jpg "OPEC12 peak 2016-2018")
![Given the increase in Middle East tensions after the assassination of Ismail Haniyeh on 31 July 2024 in Tehran, it is time to look at Australian oil vulnerabilities Diesel consumption […]](https://crudeoilpeak.info/wp-content/uploads/Australian_diesel_imports_by_country_2004_May2024.jpg "Australia’s Diesel import vulnerabilities update May 2024")
![On 5 August 2024 Australia’s east coast experienced power price spikes in all States, only 5 days after it already happened on 31 July. Prices climbed as high as $17,500/MWh […]](https://crudeoilpeak.info/wp-content/uploads/NSW-Price-spikes-5Aug24.jpg "More power price spikes on Australia’s east coast on 5 Aug 2024 lasting more than 2 hours")
![The longest price spike periods happened in South Australia after sunset and under low wind conditions, requiring gas fired power to reach 80% in the generation mix. Gas is in […]](https://crudeoilpeak.info/wp-content/uploads/Dispatch-31Jul-10am.jpg "Chilly winter evenings and tight power supplies cause simultaneous price spikes in all Australian east coast States")
![The 2024 Statistical Review of World Energy has been published on 20 June 2024 by the Energy Institute (previously by BP) with data up to 2023. https://www.energyinst.org/statistical-review Oil production in […]](https://crudeoilpeak.info/wp-content/uploads/World-oil-crude-oil-production-1965-2023.jpg "Peak oil update 2023 – part 1 NGLs")
![This post describes a series of price spikes in NSW which happened between Tuesday the 7th and Wednesday the 8th of May 2024. The following Fig 1 and Fig 2 […]](https://crudeoilpeak.info/wp-content/uploads/NSW-power-by-fuel-7-8May24.jpg "NSW power price spikes and administered price caps in May 2024")
![Report from AEMO (AEMO=Australian Energy Market Operator) on East Coast gas supplies: 21 Mar 2024 AEMO’s latest gas market outlook for Australia’s east coast has forecast a gap in gas […]](https://crudeoilpeak.info/wp-content/uploads/Gas-production-VIC-NSW-Moomba-Dec2023-annual.jpg "Peak gas in Victoria, Australia")
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