OPEC oil data – Jan 2018

Published at 10:43 13 Feb 2018 by

We estimate that OPEC production fell m/m by 0.11 mb/d to 32.37 mb/d in January, higher y/y by 0.19 mb/d. Compliance with the OPEC/non-OPEC production deal rose to 135% as a result.The declines were concentrated in West Africa. Nigerian production fell m/m by 60 thousand b/d, to 1.85 mb/d, as the 0.…

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