OPEC
 
OPEC Output At Near Two Year Low In September On Iraqi Outages
 
OPEC oil production fell to its lowest level in almost two years in September, as further declines from Libya and Iraq brought the producer group close to its 30mn b/d output target, agreed in December 2011. Saudi Arabia too cut back production in September, from a 33-year high of 10.2mn b/d posted for the previous month.
 
Initial MEES estimates put total supply from the producer group at 30.04mn...