The OPEC Monthly Oil Market Report for October 2021 was published this past week. The last month reported in each of the charts that follow is September 2021 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In the charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. Figure 1 Figure 2 OPEC produced 27328 kb/d of crude oil in September 2021 based on secondary sources, an increase of 486 kb/d from August 2021. August output was revised up by 80 kb/d from what was reported last month and July output was revised down by 2 kb/d. Most of the increase in OPEC output was from Nigeria(156 kb/d) followed by KSA (139 kb/d), and Iraq (84 kb/d). ). All other OPEC members saw increases of less than 26 kb/d […]