A Post by Ovi at peakoilbarrel. Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to September 2019. Information from other sources such as the IEA and OPEC is used to provide a short term outlook for future output and direction. Non-OPEC production decreased by 22 kb/d from 50,512 kb/d in August to 50,490 kb/d in September. This is another output reduction month in 2019. In 2019 there have been 5 months of decline and 4 months of increases. For comparison purposes, in 2018, there were 9 monthly increases and 3 decreases. This is just another indicator of the increasing difficulty Non-OPEC countries will have boosting output going forward, now that US production growth has started to slow. September production is just 287 kb/d short of the previous high of 50,777 […]