Middle East Economic Survey
OPEC Oil Output Slips Below 30Mn B/D In August On Iraq, Iran Declines
OPEC oil production fell below 30mn b/d in August after output declines in Iraq and Iran dented group production which, for all member countries bar Saudi Arabia, remains close to capacity. Total OPEC output fell in August by 115,000 b/d to 29.925mn b/d from 30.04mn b/d in July, according to MEES estimates (MEES, 22 August). OPEC-10 (OPEC without Iraq) production...