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OPEC Member States' Implementation Rate Of Production Reduction Agreement Reached 110% In September
Oct 10, 2018

Platts Energy's survey shows that OPEC and its 10 non-OPEC partners headed by Russia have exceeded their stated goal of increasing crude oil daily output by 1 million barrels per day in May.

Platts' survey data also shows that excluding the Congo, OPEC's daily crude oil production in September was 850,000 barrels higher than the May level, while Russia's September production in September was 11.356 million barrels per day, increased by 390,000 barrels compared with the crude oil daily output in May , a new record high.

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