Tuesday, February 16, 2010
Global Oil Production Statistics (to Jan 2010)
In recent days, the IEA and OPEC have come out with January global liquid fuel production numbers. I updated my graphs accordingly. The above shows just the recovery since the trough in global production last summer. I think the last few months show some sign of a softening in the rate of increase, though it's too soon to say it's more than just noise. At any rate, the overall recovery trend is now 3 +/- 1 mbd/year.
Below is the data since 2002, with five month centered moving average, recursed once (and CPI adjusted oil price on the right scale).
Labels:
global production,
oil supply,
oil supply recovery
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1 comment:
Hi,
Can you pls provide the excel sheet for the above data?
Im having some difficulty replicating the graph. For example, i cant seem to find monthly data for non-opec IEA production.
Thanks for the help; and great post
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