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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (23960)6/21/2024 5:48:11 PM
From: Wharf Rat   of 24206
 
OPEC Update, June 2024 – Peak Oil Barrel
06/19/2024 D Coyne

The OPEC Monthly Oil Market Report (MOMR) for June 2024 was published recently. The last month reported in most of the OPEC charts that follow is May 2024 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the OPEC charts that follow the blue line with markers is monthly output and the thin red line is the centered twelve month average (CTMA) output.




continues
Output for April 2024 was revised up by 25 kb/d and March 2024 output was also revised higher by 23 kb/d compared to last month’s report. OPEC 12 output increased by 29 kb/d with most of the increase from Nigeria up by 74 kb/d and with a decrease in Saudi output of 32 kb/d. OPEC output has been relatively flat for the past 8 months.
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