OPEC: Global oil supply decreased by 0.41m bd to average 96.75m bd in August

OPEC recently published its monthly report for August with key highlights, via Reuters, found below:

Crude oil production in August decreased by 79 tbd to an average of 32.76 mbd
Saudi Arabia crude oil production in August fell 10.3t bd to 10.032 mbd
Crude oil output increased in Nigeria, while production showed declines in Libya, Gabon, Venezuela and Iraq
Global oil supply decreased by 0.41m bd to average 96.75m bd in August
Global oil demand is expected to rise by 1.42 mbd in 2017 after an upward revision of 50 tbd

Sep 12, 2017

AUD: External conditions hold the key amid neutral RBA - ING

The RBA meeting was a non-event as expected, with the central bank retaining the same cautious commentary over a strong AUD, notes the analysis team a

Baca lagi Previous

Sep 12, 2017

NZD: Light week for data means narrower election focus - ING

Aside from a narrower focus on the 21 Sep elections, the domestic calendar is fairly sparse - with only second-tier data releases such as consumer con

Baca lagi Next