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OPEC crude oil output

OPEC Guide



OPEC crude oil output

OPEC Guide




Member Apr. '16 Change Mar. '16 Feb. '16 Jan. '16
Algeria
1.10
0
1.10
1.10
1.10
Angola
1.79
-0.01
1.80
1.77
1.74
Ecuador
0.53
-0.01
0.54
0.54
0.54
Indonesia
0.73
0.02
0.71
0.71
0.71
Iran
3.38
0.15
3.23
3.12
2.91
Iraq
4.31
0.15
4.16
4.13
4.33
Kuwait
2.68
-0.10
2.78
2.78
2.77
Libya
0.33
0.01
0.32
0.36
0.37
Nigeria
1.67
-0.08
1.75
1.77
1.85
Qatar
0.66
0
0.66
0.66
0.66
Saudi Arabia
10.18
-0.02
10.20
10.20
10.20
UAE
2.85
0.05
2.80
2.85
2.90
Venezuela
2.31
-0.02
2.33
2.35
2.35
Total
32.52
0.14
32.38
32.34
32.43


Note:


* OPEC ministers failed to agree on an official output ceiling at their December 4 meeting in Vienna. The group had previously maintained a 30 million b/d ceiling that came into effect in January 2012. No individual country quotas were distributed under this ceiling. OPEC will hold its next ministerial meeting on June 2 in Vienna.
* OPEC and non-OPEC producers met on April 17 in Doha in a bid to coordinate oil strategy but failed to agree on a mooted production freeze.
* Indonesia reactivated its membership of OPEC at the December meeting. The estimate for Iraq includes volumes from semi-autonomous Iraqi Kurdistan.


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