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Investors Iraq News
11-05-2015, 08:13 PM
October output of OPEC falls due to Iraq and Saudi

In the month of October, OPEC oil output has dropped due to decline in production in top producers Saudi Arabia and Iraq in spite of good supply from African member. According to sources, the drops do not indicate deliberate supply cuts to prop up prices. Organization of the Petroleum Exporting Countries is still pumping close to a record high as major producers focus on defending market share.

Source: IraqDirectory.com (http://iraqdirectory.com/en/2015/11/05/30251/october-output-of-opec-falls-due-to-iraq-and-saudi.aspx)

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