USAI - OPEC February Production Data

All OPEC data below is from the OPEC Monthly Oil Market Report. It is thousand barrels per day and is through February 2020.

The OPEC data no longer includes Ecuador. OPEC 13 was down 546,000 barrels per day in February.

The only major decliners were Libya and Saudi Arabia.

Algeria is simply in slow decline. Quotas have meant nothing to Algeria.

The same story goes for Angola.

Iranian production seems to have found a bottom.

Iraqi production was up 86,000 barrels per day in February. Iraq is, and has been producing flat out.

Kuwait possibly

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