OLOXF - November World And Non-OPEC Oil Production
2024-03-26 07:20:00 ET
Summary
- World oil production increased by 745 kb/d in November. The largest increase came from Canada, adding 360 kb/d.
- World without US November oil output increased by 645 kb/d to 69,171 kb/d.
- November production from the Big 3 increased by 64 kb/d to 32,559 kb/d.
A guest post by Ovi
Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil-producing countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to November 2023. This is the latest and most detailed/complete World Oil production information available. Information from other sources such as OPEC, the STEO and country-specific sites such as Brazil, Norway, and China is used to provide a short-term outlook.
World oil production increased by 745 kb/d in November, green graph. The largest increase came from Canada, adding 360 kb/d. December World production is projected to drop by 169 kb/d to 82,232 kb/d.
This chart also projects World C + C production out to December 2025. It uses the March 2024 STEO report along with the International Energy Statistics to make the projection. (Red markers)....
November World And Non-OPEC Oil Production