Ron Patterson and Guests·2026-06-16·via All Articles on Seeking Alpha
Summary
The world's February oil production increased by 2,108 kb/d to 86,662 kb/d, a new high, and is over 2,000 kb/d higher than November 2018.
Production in March 2026 is projected to fall by 9,948 kb/d to 76,714 kb/d. May production is forecast to be the bottom and is projected to be 73,663 kb/d.
The EIA reported Russia’s February C + C production declined by 50 kb/d to 9,977 kb/d and was up by 264 kb/d from February 2025.
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A guest post by Ovi
The focus of this post is an overview of world oil production along with a more detailed review of the top 11 non-OPEC oil-producing countries. OPEC production is covered in a