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Platts survey: OPEC pumps 29.72 mln barrels of crude oil per day in December

Posted on 14 January 2014

Oil production from the Organization of the Petroleum Exporting Countries (OPEC) edged up by 20,000 barrels per day (b/d) to 29.72 million b/d in December from 29.7 million b/d in November as increases from Saudi Arabia, Iran and Nigeria more than offset a drop in Iraqi volumes, a just-released Platts survey of OPEC and oil industry officials and analysts showed.
“It’s Goldilocks time – not too hot, not too cold — for the oil market,” said John Kingston, global director of news for Platts, a leading global provider of energy, petrochemicals and metals information………………………………………..Full Article: Source


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