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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (23327)	3/19/2023 12:14:26 PM
From: Wharf Rat	of 23492

OPEC Update, March 2023 03/18/2023 D Coyne The OPEC Monthly Oil Market Report (MOMR) for March 2023 was published recently. The last month reported in most of the OPEC charts that follow is February 2023 and output reported for OPEC nations is crude oil output in thousands of barrels per day (kb/d). In many of the OPEC charts that follow the blue line is monthly output and the red line is the centered twelve month average (CTMA) output. Figure 1Figure 2OPEC crude output was revised lower in January 2023 by 69 kb/d compared to last month’s report and December 2022 OPEC crude output was revised lower by 7 kb/d. When the World was at its centered twelve month average peak for C+C output in August 2018, OPEC crude output was 31237 kb/d (as shown on the chart), February 2023 OPEC crude output was 2313 kb/d below that level. The centered twelve month average (CTMA) peak for OPEC crude output is also shown on figure 1 (31837 kb/d) which is 2913 kb/d higher than February 2023. continues OPEC Update, March 2023 – Peak Oil Barrel

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