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OPEC countries implement the OPEC+ agreement by 305%
- Time: 2023/10/12 16:29:18
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{Economic: Al-Furat News} Oil production in OPEC countries increased in September 2023, the fifth month of voluntary cuts, by 273 thousand barrels per day, compared to August 2023.
A useful summary of important news can be found on the Al-Furat News channel on Telegram. [You must be registered and logged in to see this link.]
The report of the Organization of the Petroleum Exporting Countries stated that production reached an average level of 27.75 million barrels per day thanks to Nigeria, Saudi Arabia and Kuwait, and during that, the countries of the organization participating in the “OPEC+” agreement produced 3.88 million barrels per day less than the permissible levels, implementing The agreement is 305%.
The report said, “According to some sources, OPEC’s total crude oil production averaged 27.75 million barrels per day in September 2023, an increase of 273 thousand barrels per day from the previous month. Oil production increased mainly in Nigeria, Saudi Arabia and Kuwait, in When production decreased in Venezuela and Equatorial Guinea.
Thus, OPEC fulfilled the “OPEC+” agreement by 305%, which led to a reduction in production by 3.88 million barrels per day above the prescribed quotas.
[You must be registered and logged in to see this link.]
{Economic: Al-Furat News} Oil production in OPEC countries increased in September 2023, the fifth month of voluntary cuts, by 273 thousand barrels per day, compared to August 2023.
A useful summary of important news can be found on the Al-Furat News channel on Telegram. [You must be registered and logged in to see this link.]
The report of the Organization of the Petroleum Exporting Countries stated that production reached an average level of 27.75 million barrels per day thanks to Nigeria, Saudi Arabia and Kuwait, and during that, the countries of the organization participating in the “OPEC+” agreement produced 3.88 million barrels per day less than the permissible levels, implementing The agreement is 305%.
The report said, “According to some sources, OPEC’s total crude oil production averaged 27.75 million barrels per day in September 2023, an increase of 273 thousand barrels per day from the previous month. Oil production increased mainly in Nigeria, Saudi Arabia and Kuwait, in When production decreased in Venezuela and Equatorial Guinea.
Thus, OPEC fulfilled the “OPEC+” agreement by 305%, which led to a reduction in production by 3.88 million barrels per day above the prescribed quotas.
[You must be registered and logged in to see this link.]
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