Saudi, US, And Oil Production -- March 20, 2024

Locator: 46811OIL.

US Oil:

Link here. One of my favorite graphs. It's been a long time since we've seen this graph updated by the EIA. I wonder if folks see in this chart what I'm seeing?

If I'm reading this correctly, Saudi Arabia's production in the last ten years peaked at barely 10 million bopd in 2018 and by 2019 already on a declining slope. At low volume, 2020 and 2021, the years of the plague.