OPEC

 

OPEC Output Edges Up On Partial Recovery in Libya, Iraq 

 

OPEC crude production recovered somewhat in October from September’s near two-year low, according to MEES estimates, as increased output in Iraq, Libya and to a lesser extent Iran, more than compensated for the seasonal wind down in Saudi Arabian output.

The continued threat of violence in Nigeria also hit OPEC volumes in October, though the situation was seen to improve in the second half of the...