During September 2013 world oil production dropped by 0.33 million barrels a day against August and totaled 89.93 milion barrels a day, reads the OPEC report about the state and conditions of the world oil market, reported RBC.
In September oil production by the OPEC member-states decreased by almost 390,000 barres a day against Augist to 30.05 million barrels a day.
In September 2013 Nigeria, Algeria and Angola have increased oil production, while Iraw, Lybia, Saudi Arabia and Venezuela decreased oil production.
The official limit of oil production by OPEC is 30 million barrels a day till the end of 2013. The quote of the first semi annual period in 2014 will be discussed by the OPEC member-states Ministers at the session on December 4, 2013.—0—
Economics
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