Baku, Azerbaijan, Nov.11
By Leman Zeynalova – Trend:
According to secondary sources, OPEC crude oil production in October increased by 0.24 million barrels per day, compared to the previous month to average 33.64 million barrels per day, the cartel said in its monthly oil market report (MOMR) released Nov.11.
Crude oil output increased the most in Nigeria, Libya and Iraq, while production in Angola showed the largest decline, according to the report.
Nigeria produced 1.628 million barrels of oil per day in October 2016, as compared to 1.458 million barrels per day in September, said OPEC.
This is while the volume of oil production in Iraq stood at 4.561 million barrels per day in October 2016, as compared to 4.472 million barrels per day in September.
This figure totaled 528,000 barrels per day in Libya in October 2016, as compared to 360,000 barrels per day in September.