OPEC oil output in Aug falls due to Iraq’s disruptions
Logo of the Organization of the Petroleum Exporting Countries. File photo.
(IraqiNews.com) A Reuters survey found on Wednesday, that OPEC oil production fell in August from the highest monthly level in recent history due to disruptions to flows on Iraq’s pipelines.
According to the survey, the OPEC oil output had fallen in August from the highest monthly level recorded in recent history due to disruptions to flows on Iraq’s northern pipelines.
The Reuters report also pointed out to the stability in the oil production of Saudi Arabia as well as other Arab Gulf countries which are part of the organization.