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Opec oil production increase in February 2014

Posted on 05 March 2014

Opec’s oil output has risen further in February from December’s 2 and half year low, due to more shipments from Iraq and Angola, and further upward creep in Iranian exports.
According to the survey based on shipping data and information from sources at oil companies, Opec and consultants, output from the Organisation of the Petroleum Exporting Countries averaged 29.96 million barrel per day, up from a revised 29.79 million barrel per day in January………………………………………..Full Article: Source


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