UCO - Non-OPEC Without U.S. On Production Plateau

A post by Ovi at peakoilbarrel.

This post updates Non-OPEC production to February 2020. However, we are now in late June 2020 and the effects of the plunge in the price of WTI, which began on January 6 and ended in the negative low of $-37.63/bbl on April 20, is showing up in plunging production numbers in US and other oil producing countries that post more recent output numbers. However, WTI has now recovered to close to $40/b and weekly US production numbers are indicating that output may have bottomed.

OPEC, in response to the

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