OPEC Special-Case Nations Add 450,000 Barrels in Threat to Deal – Bloomberg

Libya, Nigeria and Iran who were granted special status by OPEC for the oil production limit deal pumped an additional 400,000 barrels per day in October.  An aditional 50,000 barrels were produced by Iraq, who is also asking of expemption from the prodcution limit deal. OPEC as a whole produced 34.0 million barrels per day in October, and increase of 170,000 barrels from September.

 

Source: OPEC Special-Case Nations Add 450,000 Barrels in Threat to Deal – Bloomberg

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