LONDON, December 10 /PRNewswire/ --
- OPEC-10 Output Fell Due to UAE Field Maintenance, Platts Survey Shows
Overall oil production by the 12 members of the Organization of Petroleum Exporting Countries (OPEC) rose to 31.15 million barrels per day (b/d) in November, according to Platts' latest survey of OPEC and oil industry officials just released. This is up 40,000 b/d from October's production of 31.11 million b/d, as higher volumes from Saudi Arabia and Iraq helped offset a large field maintenance-related drop in UAE output.
Excluding Iraq and Angola, the ten OPEC members bound by new output allocations which came into effect at the beginning of November, pumped 26.97 million b/d, down 110,000 b/d from October's 27.08 million b/d.