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53 comments on Oilwatch Monthly - June 2007
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53 comments on Oilwatch Monthly - June 2007
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Thank you for your analysis regarding BP's reports. Very interesting. Do you or anyone else have The IEA's OMR numbers for Saudi+neutral zone for May released today? The EIA is again reporting 8.6mbpd - exactly equal to their quota minus targeted cuts for November and February. I'm assuming the IEA is inline with this.
I don't have access to the IEA's report directly unfortunately. Would cost too much bucks for a report that is released for free two weeks later anyway.
What I do know is that the IEA forecasted a production decline of 110.000 b/d for OPEC from april to may, which is less than the EIA's expectation.
Therefore i think it si likely that Saudi Arabia's production didn't change or even slightly increased in the IEA's data.