SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (6831)12/26/2007 2:28:49 AM
From: Wharf Rat  Respond to of 24232
 
MEES is out with their OPEC Crude Oil Production figures for November.

Some surprises. Iran was down by 450 thousand barrels per day. UAE was down 400 kb/d but that was due to maintenance. OPEC 12 (excluding Angola and Iraq) was down 590 kb/d while total OPEC was down 420 kb/d. They did not include Ecuador in their figures.

The figures below show change from October to November in thousands of barrels per day.

Algeria _______ 10
Angola _______ 50
Indonesia _____ 0
Iran ________-450
Iraq _________ 120
Kuwait _______ 50
Libya ________ 10
Nigeria _______ 10
Qatar ________ 20
S Arabia ______ 160
UAE ________-400
Venezuela _____ 0
Total ________-420
OPEC 10 _____ -590

You will recall that MEES showed Iran increasing production (from storage) last month by 560 thousand barrels per month. So the drop this month just shows them coming back in line...somewhat.
mees.com