tag:blogger.com,1999:blog-5235419263414453422.post3845677879757327397..comments2024-02-23T01:30:06.101-08:00Comments on Early Warning: Global Fuel Supply Flattening?Stuart Stanifordhttp://www.blogger.com/profile/07182839827506265860noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5235419263414453422.post-41699260297228795452012-03-15T10:48:27.808-07:002012-03-15T10:48:27.808-07:00Here is a link on the total production figure. I ...Here is a link on the total production figure. I still can't find the original article citing non-OPEC supply as the problem.<br /><br />http://blogs.barrons.com/stockstowatchtoday/2012/03/14/iea-expect-oil-market-volatility/Kenneth D. Worthhttps://www.blogger.com/profile/01273763648198044270noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-79028513761340853422012-03-15T10:26:11.809-07:002012-03-15T10:26:11.809-07:00I can't find the link at the moment, but I rem...I can't find the link at the moment, but I remember seeing a news article claiming that according to the IEA's most recent numbers February global production fell 200,000 mbpd due to a 500,000 mbpd drop in non-OPEC production which swamped the 300,000 mbpd OPEC increase. <br /><br />If true, that would explain the rise in the price of crude oil despite the additional output from Saudi Arabia and other Gulf states (and OPEC as a whole.)Kenneth D. Worthhttps://www.blogger.com/profile/01273763648198044270noreply@blogger.com