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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Including Iraq..OPEC oil production increased by 486 thousand barrels per day during last September

rocky
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Including Iraq..OPEC oil production increased by 486 thousand barrels per day during last September Empty Including Iraq..OPEC oil production increased by 486 thousand barrels per day during last September

Post by rocky Thu 14 Oct 2021, 6:51 am

Including Iraq..OPEC oil production increased by 486 thousand barrels per day during last September

  •  Time: 10/13/2021 19:35:54
     
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{Economic: Al Furat News} OPEC oil production increased by 0.5 million barrels per day during the past month, as the increase came with the increase in supplies in 3 countries.
The useful summary.. In important news, you can find it in the Euphrates News channel on the telegram.. [You must be registered and logged in to see this link.]
The monthly report of the Organization of Petroleum Exporting Countries showed that the production of the 13 member states of the organization rose 486,000 barrels per day last September to reach 27.328 million barrels per day.
The strengthening of oil supplies by OPEC countries coincides with the continuation of the OPEC + alliance agreement to gradually increase supplies, after they implemented record cuts in April of 2020 due to the repercussions of Corona.
And 10 OPEC member countries boosted their oil production last month, most notably Iraq, Nigeria and Saudi Arabia.
It should be noted that the countries of the Organization are increasing their supplies of crude in accordance with the quotas agreed upon in OPEC +.
Iraq's production rose last month to 4.139 million barrels per day, an increase of 84 thousand, and Kuwait's production increased to 2.468 million barrels per day.
Nigeria's production rose by 156,000 barrels per day last September, to 1.451 million barrels per day, and Saudi Arabia's production increased by 139,000 barrels per day, recording 9.678 million.
Algeria, Angola, Congo, Gabon, Iran and the UAE recorded increases in oil supplies last month, ranging from 6 to 22,000 barrels per day.
On the other hand, oil production fell in 3 OPEC countries last month, namely: Equatorial Guinea, Libya and Venezuela.
The drop in supply was very limited, as it did not exceed 6,000 barrels per day as in Venezuela, and reached only 1,000 barrels per day in Equatorial Guinea.
The production of Equatorial Guinea and Venezuela currently stands at 100 and 527 thousand barrels per day, while the production of Libya decreased by 5 thousand barrels per day to 1.148 million.

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