The oil production of the OPEC countries in October increased by 930 thousand barrels per day, to 22.8 million barrels per day, which is about 88% of the February level, reports Bloomberg. The main increase was provided by Saudi Arabia, which increased production by 970 thousand barrels to 9.2 million barrels per day. An increase in production was also recorded in Iraq and Kuwait, while in Iran the figure fell by 120,000 barrels per day, falling to a minimum since 1989 of 1.9 million barrels.

The oil production of the OPEC countries in October increased by 930 thousand barrels per day, to 22.8 million barrels per day, which is about 88% of the February level, reports Bloomberg. The main increase was provided by Saudi Arabia, which increased production by 970 thousand barrels to 9.2 million barrels per day. An increase in production was also recorded in Iraq and Kuwait, while in Iran the figure fell by 120,000 barrels per day, falling to a minimum since 1989 of 1.9 million barrels.