OPEC production trends… – Commodity Research Group

July 12, 2016 by Jim Colburn Leave a Comment

OPEC released their excellent monthly report today, here: http://www.opec.org/opec_web/en/publications/338.htm

Here is a table of OPEC member oil production:

OPEC production was up 264.1 thousand barrels per day (tb/d) in June compared with May…

Note June 16 vs. 2014… Iran, Iraq and Saudi Arabia are up 2,456 tb/d, Libya, Nigeria and Venezuela are down 834 tb/d… Also, not shown in the table, OPEC NGL’s are up 290 tb/d to 6,290 tb/d… Gabon is now included…

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

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