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OPEC Archive
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Qatar peak oil
Posted on December 6, 2018 | No CommentsQatar announces it will leave OPEC Fig 1: Qatar’s Minister for Energy 4/12/2018 Qatar to withdraw from OPEC in January 2019 Speaking at a news conference in the capital Doha, […] -
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 […] -
Incremental crude production update August 2016
Posted on September 11, 2016 | No CommentsOPEC Fig 1: OPEC’s incremental crude oil production Incremental production for each country is the production above the minimum production for the period Jan 2000 – May 2016 (the latest […] -
Tight oil boom can explain only part of drop in US oil product imports
Posted on January 13, 2015 | No CommentsWe continue to look at what impact US tight oil has on global oil markets, in this post the reduction of US petroleum product imports. This analysis shows that only […] -
OPEC fiscal breakeven oil price increases 7 % in 2013
Posted on August 14, 2013 | No CommentsUsing recent research from the Arab Petroleum Investment Corporation (APIC) it can be calculated that OPEC’s fiscal break-even oil prices have increased by around 7% pa in 2013 while OPEC’s […] -
A disunited OPEC can’t control upward trend of oil prices
Posted on June 9, 2011 | No CommentsA meeting of oil ministers in Vienna broke up unexpectedly without an agreement to raise production. OPEC’s president said some members wanted three months to consider the issue. Iran, Venezuela […]
![Qatar peak oil Qatar announces it will leave OPEC Fig 1: Qatar’s Minister for Energy 4/12/2018 Qatar to withdraw from OPEC in January 2019 Speaking at a news conference in the capital Doha, […]](https://crudeoilpeak.info/wp-content/uploads/Qatar_Minister_Energy_Dec2018-115x115.jpg)
![Australian ABC TV selectively quotes BP to match its own “no worries” narrative On 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 […]](https://crudeoilpeak.info/wp-content/uploads/Lasker_Brent_crude_price_26May2017-115x115.jpg)
![OPEC’s 2017 production cuts: a confusing numbers game (part 2) In 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 […]](https://crudeoilpeak.info/wp-content/uploads/OPEC-10_crude_production_2002-Sep2016-115x115.jpg)
![OPEC’s 2017 production cuts: a confusing numbers game (part 1) What 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 […]](https://crudeoilpeak.info/wp-content/uploads/OPEC_Jan2017_quotas-115x115.jpg)
![Incremental crude production update August 2016 OPEC Fig 1: OPEC’s incremental crude oil production Incremental production for each country is the production above the minimum production for the period Jan 2000 – May 2016 (the latest […]](https://crudeoilpeak.info/wp-content/uploads/World_Incremental_crude_production_2000-May2016-115x115.jpg)
![Tight oil boom can explain only part of drop in US oil product imports We continue to look at what impact US tight oil has on global oil markets, in this post the reduction of US petroleum product imports. This analysis shows that only […]](https://crudeoilpeak.info/wp-content/uploads/2015/01/US_petroleum_product_imports_by_country_1993_2014E-115x115.jpg)
![OPEC fiscal breakeven oil price increases 7 % in 2013 Using recent research from the Arab Petroleum Investment Corporation (APIC) it can be calculated that OPEC’s fiscal break-even oil prices have increased by around 7% pa in 2013 while OPEC’s […]](https://crudeoilpeak.info/wp-content/uploads/2013/08/Increase_break-even_oil_prices_2013_2012-115x115.jpg)
![A disunited OPEC can’t control upward trend of oil prices A meeting of oil ministers in Vienna broke up unexpectedly without an agreement to raise production. OPEC’s president said some members wanted three months to consider the issue. Iran, Venezuela […]](https://crudeoilpeak.info/wp-content/uploads/2011/06/OPEC_meeting_8_6_2011_break_down-115x115.jpg)