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You are here: Home → Archive → 2009 → October → Weekly Edition 1st of October 2009 → OPEC to step up output

OPEC to step up output

by Martyn Wingrove, London — last modified Oct 02, 2009 10:13 AM

THE Organisation of Petroleum Exporting Countries (OPEC) will increase oil production in October to meet growing demand in Asia.

The oil cartel will be exporting an extra 160,000 barrels per day to October 10. This increases OPEC’s exports, excluding new members Angola and Ecuador, to 22.5m bpd, according to UK consultancy Oil Movements.
Lorentzen & Stemoco brokers said...

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