Wednesday, October 10, 2012
OPEC has released their number for September monthly oil supply. I have updated my summary graph above accordingly. The IEA number will be out on Friday and if it shows any interesting divergence I may update the graph again. At the moment it looks like September was up a few hundred kbd - enough to erase the very small fall in supply this summer, but not enough to erase the general impression of overall flat supply in 2012.
PS. Sorry for the lousy blogging so far this week - I was on work travel to Japan and between work commitments and jet-lag was not able to keep up on the blog.