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At Least They Didn’t Raise Oil Production…

The Organization of the Petroleum Exporting Countries (OPEC) has agreed to what some news media sources are calling a relatively slight drop in oil production,…

OPEC | Oil Production | Oil & Gas

Industrial Info

Thu Sep 29 2016

At Least They Didn’t Raise Oil Production…

The Organization of the Petroleum Exporting Countries (OPEC) has agreed to what some news media sources are calling a relatively slight drop in oil production, the first since 2008. OPEC said it opted for a production target of between 32.5 million barrels per day (BBL/d) and 33 million BBL/d, down from the current estimated output of 33. »