Reported about 17 hours ago
OPEC oil output rose for a second consecutive month in November, driven by Libya's recovery from a political crisis, according to a Reuters survey. The organization produced 26.51 million barrels per day, an increase of 180,000 bpd from October. Libya, exempt from OPEC+ output agreements, led the rise, while Nigeria and Iran also saw increases. OPEC+ is poised to discuss potential output cuts amid global demand concerns at an upcoming meeting.
Source: YAHOO