The Organization of the Petroleum Exporting Countries (OPEC) increased oil output for the fifth straight month in November, ahead of the next OPEC + meeting. OPEC raised oil output by 750,000 barrels per day (bpd) to 25.31 million in November, according to a Reuters survey. Thus, the oil output continued rising from its 30-year low hit in June. OPEC had 102 percent compliance with agreement to cut oil supply in ...
Organization of the Petroleum Exporting Countries
