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Decline in OPEC production... Iraq and Angola are the countries that cut production the most
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[rtl]Baghdad / NINA / - OPEC announced today, Saturday, that the oil production of the 13 member states of the organization in March decreased by 86,000 barrels per day, to reach 28,797 million barrels, compared to last February, due to the decrease in the production of Iraq and Angola, while Saudi Arabia was more. The OIC countries increased their production according to the OIC secondary sources.
According to the organization's report, for the month of April, “the largest declines came first from Angola, as its oil production decreased by about 64 thousand barrels per day, to reach 1.007 million barrels, followed by Iraq, with a decrease of 18 thousand.” barrels per day, bringing its oil production to 4.358 million barrels per day, after it was 4.376 million.” Barrels per day last February, followed by Nigeria, down by 17 thousand barrels, followed by Equatorial Guinea, the UAE and Iran by 8 thousand barrels per day each.
The report indicated that "the countries with the highest increase in their oil production for the month of March were Saudi Arabia, with an increase of 44,000 barrels per day, followed by Gabon, with an increase of 7,000 barrels per day, then Kuwait and Venezuela, with an increase of 2,000 barrels per day for each of them.
The Organization of the Petroleum Exporting Countries (OPEC) predicted, in its report for the month of April, that the growth of the global economy will be at 2.6% in 2023, in addition to maintaining expectations for the growth of global oil demand at 2.3 million barrels per day in 2023./ End 8 To receive more news, subscribe to our channel[/rtl]
According to the organization's report, for the month of April, “the largest declines came first from Angola, as its oil production decreased by about 64 thousand barrels per day, to reach 1.007 million barrels, followed by Iraq, with a decrease of 18 thousand.” barrels per day, bringing its oil production to 4.358 million barrels per day, after it was 4.376 million.” Barrels per day last February, followed by Nigeria, down by 17 thousand barrels, followed by Equatorial Guinea, the UAE and Iran by 8 thousand barrels per day each.
The report indicated that "the countries with the highest increase in their oil production for the month of March were Saudi Arabia, with an increase of 44,000 barrels per day, followed by Gabon, with an increase of 7,000 barrels per day, then Kuwait and Venezuela, with an increase of 2,000 barrels per day for each of them.
The Organization of the Petroleum Exporting Countries (OPEC) predicted, in its report for the month of April, that the growth of the global economy will be at 2.6% in 2023, in addition to maintaining expectations for the growth of global oil demand at 2.3 million barrels per day in 2023./ End 8 To receive more news, subscribe to our channel[/rtl]
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