Crude oil output from the Organization of the Petroleum Exporting Countries (OPEC) climbed 320,000 barrels per day (b/d) to 31.71 million b/d in April from 31.39 million b/d in March, a just-released Platts survey of OPEC and oil industry officials and analysts showed. “This is one of the more significant month-on-month changes Platts has reported [...]
The Organization of the Petroleum Exporting Countries’ (OPEC) crude oil output jumped by 550,000 barrels per day (b/d) to 30.6 million b/d in November from 30.05 million b/d in October, mainly on higher volumes from Libya, Saudi Arabia, Nigeria and Angola, a just-released Platts survey of OPEC and oil industry officials and analysts showed. “The [...]
The Organization of the Petroleum Exporting Countries’ (OPEC) crude oil output rose by 50,000 barrels per day (b/d) in October to 30.05 million b/d, as recovering production in Libya offset drops in Saudi Arabia and elsewhere, a just-released Platts survey of OPEC and oil industry officials and analysts showed. The survey estimated a 260,000 b/d [...]
The Organization of the Petroleum Exporting Countries (OPEC) boosted its crude output by 130,000 barrels per day (b/d) in August to pump an average 30.13 million b/d throughout the month, according to the Platts monthly survey of OPEC and oil industry officials and analysts. “OPEC needed to produce every barrel it could during these last [...]