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Commodities Briefing - Categorized | Market Moves, Oil more

OPEC oil output rises in January

Posted on 06 February 2014

Organization of the Petro¬leum Exporting Coun¬tries’ (OPEC) oil output has risen in January from December due to a partial recovery in Libyan supply and higher shipments from Iraq and Iran.
Output from OPEC averaged 29.94 million barrels per day (bpd), up from a revised 29.63 million bpd in Decem¬ber, according to the survey based on shipping data and information from sources at oil companies, OPEC and consultants………………………………………..Full Article: Source


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