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To: Zhang Fei

The following month, Sept, bumped up a little but still down from the summer.

http://www.hellenicshippingnews.com/saudi-crude-oil-exports-edge-up-to-6-72-mln-bpd-in-sept-data/
20/11/2014

The world’s top oil exporter shipped 6.722 million bpd of crude in September, up from 6.663 million in August but lower than July’s 6.989 million, data published by the Joint Organisations Data Initiative (JODI) showed.

Production rose to 9.704 million in September from 9.597 million in August but was lower than July’s 10.005 million, the data showed.


16 posted on 11/20/2014 1:45:59 PM PST by thackney (life is fragile, handle with prayer.)
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To: thackney
Recent Saudi production:

Data for this Date Range  
July 31, 2014 9.84M
June 30, 2014 9.69M
May 31, 2014 9.69M
April 30, 2014 9.69M
March 31, 2014 9.69M
Feb. 28, 2014 9.89M
Jan. 31, 2014 9.94M
Dec. 31, 2013 9.84M
Nov. 30, 2013 9.84M
Oct. 31, 2013 9.84M
Sept. 30, 2013 10.14M
Aug. 31, 2013 10.24M
July 31, 2013 10.04M
June 30, 2013 9.84M
May 31, 2013 9.64M
April 30, 2013 9.44M
March 31, 2013 9.14M
Feb. 28, 2013 9.14M
Jan. 31, 2013 9.14M
Dec. 31, 2012 9.24M
Nov. 30, 2012 9.54M
Oct. 31, 2012 9.80M
Sept. 30, 2012 9.80M
Aug. 31, 2012 10.02M
July 31, 2012 10.02M
   
June 30, 2012 10.02M
May 31, 2012 9.73M
April 30, 2012 9.93M
March 31, 2012 10.03M
Feb. 29, 2012 10.04M
Jan. 31, 2012 9.84M
Dec. 31, 2011 9.84M
Nov. 30, 2011 9.84M
Oct. 31, 2011 9.54M
Sept. 30, 2011 9.74M
Aug. 31, 2011 9.94M
July 31, 2011 9.84M
June 30, 2011 9.64M
May 31, 2011 8.94M
April 30, 2011 8.94M
March 31, 2011 8.94M
Feb. 28, 2011 9.14M
Jan. 31, 2011 9.14M
Dec. 31, 2010 8.94M
Nov. 30, 2010 9.04M
Oct. 31, 2010 8.84M
Sept. 30, 2010 9.34M
Aug. 31, 2010 9.34M
July 31, 2010 9.34M
June 30, 2010 9.24M
From Reuters, October production numbers:
The report by economists at OPEC's Vienna headquarters said Saudi Arabia had told OPEC it produced 9.69 million bpd in October, little changed from 9.704 million in September.
Bottom line is that they're not doing anything drastic. Deep water and fracking have finally raised production levels to the point that prices have to come down for the market to clear.
20 posted on 11/20/2014 2:13:25 PM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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