A guest post by Ovi Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIAʼs International Energy Statistics and updated to May 2021. Information from other sources such as OPEC, the STEO and country specific sites such as Russia, Norway and China is used to provide a short term outlook for future output and direction for a few countries and the world. May Non-OPEC production increased by 44 kb/d to 48,421 kb/d. The biggest contributors to the increase were Canada, 71 kb/d and the US, 82 kb/d. Offsetting the increases were declines from Norway, 54 kb/d and Italy, 43 kb/d. Using data from the September 2021 STEO, a projection for Non-OPEC oil output was made for the time period June 2021 to December 2022 (red graph). Output is expected to reach 52,098 kb/d in December 2022, which […]