OPEC Raised Oil Production In September But Remained Below Target ...Middle East

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OPEC Raised Oil Production In September But Remained Below Target
OPEC raised its crude oil production by 146,000 barrels per day (bpd) in September compared to August, but the ten OPEC members in the OPEC+ pact still had their total output well below the target level under the agreement.   OPEC’s oil production rose to 29.767 million bpd last month, according to secondary sources in the cartel’s closely watched Monthly Oil Market Report (MOMR) published on Wednesday. That’s the highest OPEC production level since April 2020, when OPEC’s de facto leader Saudi Arabia and non-OPEC Russia…

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