OPEC Oil Production Drops to Lowest Levels Since May
Oil production of the Organization of the Petroleum Exporting Countries (OPEC) dropped in November 2017, by 300,000 barrels per day (b/d) to reach its lowest output since May 2017.
Oil production of the Organization of the Petroleum Exporting Countries (OPEC) dropped in November 2017, by 300,000 barrels per day (b/d) to reach its lowest output since May 2017.
Algeria reported a 19% increase in its oil and gas exports during the first three quarters of 2017.
Saudi Arabia will cut crude shipments by 560,000 barrels per day (b/d) in November.
Both Iraq and Iran increased their crude oil exports in September.
South Korea’s crude imports from Iran and Saudi Arabia rose in August.