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Commodities Briefing - Categorized | Market Moves, Oil more

Iraq only slumping OPEC member, IEA says

Posted on 23 January 2014

Iraq was the only member of the Organization of Petroleum Exporting Countries to post a decline in oil production last month, the IEA said Tuesday.
The International Energy Agency, which has headquarters in Paris, said Tuesday oil production from the 12 members of OPEC declined 535,000 barrels per day in December year-on-year. OPEC’s December production, however, was 310,000 bpd higher than the previous month………………………………………..Full Article: Source


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