19 Apr 2024
Tuesday 13 November 2018 - 17:35
Story Code : 326631

OPEC, Russia crude production offsets Iran losses

The Wall Street Journal | Sarah McFarlane: OPEC and Russian crude production continued to climb in October, more than offsetting losses from Iran where U.S. sanctions have curbed output, the oil cartel said on Tuesday.

Crude production from members of the Organization of the Petroleum Exporting Countries rose by 127,000 barrels a day in October, to average 32.9 million barrels a day, the group said in its monthly report.

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