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OPEC Production Falls in September

OPEC’s crude oil production fell below 30-million barrels a day in September. That’s the first time that’s happened in more than two years. Listen to De Capua report on OPEC production There are two main reasons for the drop in OPEC production. John Kingston of Platts says one is a temporary problem, while the other is ongoing and may be more troublesome. “The temporary reason is that there was significant maintenance at some of the Iraqi operations in that month and that’s coming back. ...

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