OPEC’s daily oil production dropped by 6,000 barrels
reports Mehr News Agency Reuters’ latest poll showed that the production of the OPEC exporting countries (OPEC) in January was declining for the second consecutive month, however revival of oil exports. The United Arab Emirates prevented the decline from exacerbating the decline after completing the field maintenance operations that reduced production in December.
Reuters poll showed that OPEC produced 2 million and 6,000 barrels a day in January, which is 2,000 barrels per day than the revised figure in December. .
average production occurred while a number of OPEC coalition members and its allies (OPCPlus) due to concerns about global demand and increased production out of the coalition, decreased supply. Volunteer extended their additional 1 million and 6,000 barrels by April 1.
Recommendation of the Recent Meeting of the OPEC Plans Monitoring Working Group adheres to the voluntary supply reduction program of eight members of this coalition until April 1.
Reuters poll showed that Nigeria’s daily oil production declined by 6,000 barrels in the course, while export reflective, although the refinery increased production. The newly established “ Dangothe In West Africa, OPEC member of domestic consumption is increasing.
According to the poll, production in two major OPEC producers, Saudi Arabia and Iraq, has also declined.
Reuters poll showed that the highest increase in OPEC member states in January with 7,000 barrels daily was in the UAE.
a source in this Barhi said: Partial maintenance operations of the country’s oil fields that country. It had begun in January in January.
While the poll shows the UAE and Iraq have produced less than their goals in the form of OPECPlus agreement, and OPEC’s secondary sources data from December were very much. Above these figures show that other forecasts, such as the IAEA estimates, indicate their significant increase in production.
Reuters polls increased by 6,000 barrels daily and improved production process after resolving the two-government-based divisions in the East. And the west of this country continues to elect the central bank’s presidency that led to a decline in production.
Libya is exempt from OPECPS to limit production.
Reuters’s goal is to observe oil supply in the market based on foreign sources data from foreign sources, London Stock Exchange Data (LSEG), Information Shipping Observation Companies such as Petroleum and Kepler and information provided by the sources of oil companies, OPEC and consultants.
