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Wednesday, September 30, 2015

OPEC Production Increased Month-Over-Month, September, 2015

Reuters/Rigzone reports that OPEC production increased month-over-month in September, 2015. Unfortunately the article doesn't mention much about exports.

About the only export information was this:
Top exporter Saudi Arabia kept output steady in September as reduced use of crude in domestic power plants was offset by a gentle uptick in exports towards the latter part of the month.
Saudi output remains close to the record high of 10.56 million bpd it pumped in June, as it focuses on market share. Riyadh has regained some market share in 2015, according to a Reuters analysis published on Wednesday.

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