Iraq, Libya declines lead 500,000 b/d drop in OPEC+ Sept output: Platts survey

OPEC+ crude oil production fell 500,000 b/d month-on-month to 40.23 million b/d in September, largely due to a major shutdown in Libya and cuts to Iraqi exports, refinery runs and direct burn, the Platts OPEC+ survey from S&P Global Commodity Insights showed Oct. 10. The output cut will ease pressure on overproducers who have faced ...