The data below was taken from the OPEC Monthly Oil Market Report . All data is through April 2019 and is in thousand barrels per day. The data is crude only, that is it does not include condensate. Total OPEC production hardly moved in April, down a mere 3,000 barrels per day. Algeria peaked in 2008 and has been in slow decline ever since. Angola is also in slow decline. The Republic of the Congo, not the DRC, is the newest member of OPEC but they hardly produce enough to count. Iran took another hit in April, down 164,000 barrels per day due to Trump sanctions. Iraq is obviously ignoring sanctions and producing every barrel they possibly can. There has been little change in Kuwait’s crude production. They peaked in 2013 but have been holding steady since. Libya seems to be making some progress against its rebel insurgents. Nigeria […]