Tuesday, January 19, 2010

Jan 2010 OPEC MOMR Out



Saudi Oil Production According to Various Estimates

Here's the report.  I'll add a few more graphs to this post this evening, when I have some more time.  In the meantime, the above below shows the level of Chinese oil imports, which is of interest.  Heading Out reported that the Dec 09 level for crude imports was 4700kbd.



Update: Up above is the latest Saudi production numbers. No sign of an increase in Saudi production in December.  Also, below is the Dec OPEC estimate for world supply - they show a slight fall, unlike the IEA.  Doesn't change the big picture though.


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