According to the news of Dow Jones Geneva on Oct. 11th, OPEC crude oil production increased by nearly 90,000 barrels per day in September, which makes the organization to limit production to control the global supply surplus efforts to be complicate.
The crude oil production of OPEC members increased by 0.27% more than in August, up to 32.75 million barrels per day in September. According to OPEC's monthly oil market report, OPEC crude oil production growth was driven by the increase in production in Libya, Nigeria, Iraq and Gabon at that month.
OPEC's report on Wednesday also highlighted an increase of 31 thousand barrels per day in Non-OPEC countries in September, partly driven by an increase in US production.
We're Here to Help