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OPEC announces its average production of oil and indicates a decline in Iraq's exports in September
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Economy News-Baghdad
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Added 10/13/2022 - 12:28 PM
Update 10/13/2022 - 3:09 PM
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Economy News-Baghdad
The Organization of the Petroleum Exporting Countries announced that the production of oil by the 13 member states of the Organization of the Petroleum Exporting Countries amounted to 29.767 million barrels per day, an increase of 146,000 barrels per day compared to last August, supported by increased supplies from nine countries, while Iraq's production declined.
According to the monthly report of the Organization of the Petroleum Exporting Countries, "the largest increases came from Saudi Arabia, as its oil production rose by 82,000 barrels per day, to reach 10.991 million barrels per day, followed by Nigeria, which recorded an increase of 31,000 barrels per day, and then Libya, with an increase of 29,000 barrels per day."
He added, "The highest drop in production in OPEC was for Iraq, by 28 thousand barrels per day, to reach 4,518 million barrels per day," but production increased by 469,000 barrels per day from the same period in 2021.
And he added, "Venezuela also decreased its production by 19,000 barrels per day, followed by Iran by 14 barrels per day."
59 . views
Added 10/13/2022 - 12:28 PM
Update 10/13/2022 - 3:09 PM
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