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248 comments on DrumBeat: July 12, 2006

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cynus on July 12, 2006 - 9:36am Permalink | Subthread | Comments top
The IEA today reported that "Non-OPEC supply will increase next year by 1.7 million bpd, up from growth of 1.1 million bpd in 2006 and no expansion in 2005, the IEA said."
Can anyone confirm whether non-OPEC is up 1.1 mbpd day this year yet?  I was under the impression that it was flat or delining, with the decline being made up by OPEC.
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smekhovo on July 12, 2006 - 10:03am Permalink | Subthread | Parent | Comments top
So far, (first four months of 06 against first four of 05) according to EIA figures, OPEC is down 220 kbd, non-OPEC up 600 kbd.
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248 comments on DrumBeat: July 12, 2006

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