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Tuesday, December 01, 2020 23:41 GMT
OPEC oil output rose for a fifth month in November, a Reuters survey found, as increased Libyan production offset full adherence by other producers to cuts agreed in an OPEC-led supply deal. The 13-member Organization of the Petroleum Exporting Countries has pumped 25.31 million barrels per day (bpd) in November, the survey found, up 750,000 bpd from October and a further increase from the three-decade low reached in June. OPEC, Russia and their allies, a group known as OPEC+, are gathering...More