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Saudi Arabia 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 […] -
Peak oil update 2023 – part 1 NGLs
Posted on June 24, 2024 | No CommentsThe 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 […] -
ME oil supply situation as Gaza war brings world into unknown territory (part 1)
Posted on October 25, 2023 | No CommentsME-oil-supplies-as-Gaza-war-The Hamas attack on Israel on 7 Oct 2023 was reminiscent of the 1973 Yom Kippur war which triggered the 1st oil crisis (see Appendix) after OPEC imposed an oil […] -
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 […] -
China increased oil imports in Covid stricken 2020 by a lucky 8.8%
Posted on August 29, 2021 | No CommentsChina is the only country which increased oil imports in 2020. This post is using data from the new BP Statistical Review released on 8 July 2021. Fig 1: Wuhan […] -
Uncertainties following the Abqaiq attack have shrunk the world’s safe oil reserves by around half (part 1)
Posted on October 16, 2019 | No CommentsThe world has returned to business as usual after the Saudis assured oil markets that production will be back soon and as oil prices have returned to pre-attack levels and […] -
Peak oil in Asia: where will the oil come from for the Asian Century?
Posted on September 10, 2019 | No CommentsAsian oil production peaked above 8 mb/d for the period between 2008 and 2016 (with spikes in 2010 and 2015). The 2015 peak was mainly caused by peak oil in […] -
Persian Gulf oil export peak after tanker attacks?
Posted on June 21, 2019 | No CommentsTankers holed and burning in the Gulf of Oman are not a good sign for future oil exports from the Persian Gulf. Fig 1: Norway’s Front Altair burning with 75,000 […] -
Saudi Update October 2018
Posted on October 30, 2018 | No CommentsWe do not know where the Khashoggi case will go but what is happening in Saudi Arabia is important for the world. Jodi data up to Aug 2018, released 19/10/2018 […] -
What happened to crude oil production after the first peak in 2005?
Posted on September 18, 2018 | No CommentsThe IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What […]