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Reuters survey: OPEC oil production rose for the second month with support from Nigeria and Iran

Adel 2 October, 2023 4:03 pm Commodities, Market Update

A Reuters survey showed on Monday that the Organization of the Petroleum Exporting Countries (OPEC) oil production rose for the second month in a row in September, supported by higher production from Nigeria and Iran, despite Saudi Arabia and other members of the broader OPEC+ alliance continuing to cut production to support the market.

The survey showed that OPEC pumped 27.73 million barrels per day last month, an increase of 120,000 barrels per day compared to August. Production rose in August for the first time since February.

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