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OPEC+ crude output fell 700,000 b/d in November, the sharpest drop since April

OPEC+ crude output fell 700,000 b/d in November, the sharpest drop since April

S&P Platts with the report, in brief:

  • OPEC production falls by 850,000 b/d, Saudi pumps 10.46 million b/d
  • Non-OPEC boosts output by 150,000 b/d led by Kazakhstan, Russia
  • Quota shortfall narrows to 1.89 million b/d from 3.27 million b/d in Oct

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Posted: Dec 9 2022, 09:12
Author Name: forexlive
Views: 102786

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