OPEC Oil Production Remains Relatively Flat In October ...Middle East

OPEC’s crude oil production last month remained relatively unchanged from September as modest gains among African member states were offset by lower output elsewhere, a survey conducted by Bloomberg has shown. Per the survey, OPEC produced 28.08 million barrels of crude daily in October, some 50,000 bpd more than in September. Nigeria boosted its production the most, with Angola, Gabon, Equatorial Guinea, and Congo also pumping more in October. Still, lower production in other members of the group resulted in the modest net increase mentioned…

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