OPEC Raises Oil Production To Highest Level In Years ...Middle East

OPEC raised its September crude oil production to the highest level since 2020, a Reuters survey found on Friday—yet failed to meet its September quota. OPEC’s production for September came in below its specified quota for the month, although the month on month increase in production was higher than the promised 64,000 bpd hike. The survey found that OPEC’s September production reached 29.81 million bpd—a 210,000 bpd increase over August. For its 10 participating members in the OPEC cut, September’s production was…

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