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    Home > Chemicals Industry > Rubber Plastic News > Global oil production up 0.74% in November 2021

    Global oil production up 0.74% in November 2021

    • Last Update: 2023-01-19
    • Source: Internet
    • Author: User
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    According to Anadolu News on December 14, OPEC said on Monday that global oil supply in November increased by 880,000 barrels per day from the previous month, averaging 98.
    28 million barrels per day, an increase of 5.
    62 million barrels per day from a year earlier

    .

    The organization's monthly oil market report showed that in November 2021, OPEC crude oil production averaged 27.
    72 million barrels per day, an increase of 290,000 barrels per day from the previous month

    .
    Crude oil production increased mainly in Saudi Arabia, Iraq and Nigeria, while production in Angola and Congo declined

    .

    Saudi Arabia's output rose by 101,000 bpd to nearly 9.
    87 million bpd, Iraq by 91,000 bpd to 4.
    24 million bpd and Nigeria by 85,000 bpd to 1.
    42 million bpd

    .

    Meanwhile, oil production in Angola fell by 38,000 barrels per day to 1.
    08 million barrels and in Congo by 14,000 barrels to 261,000

    .

    Compared to the previous month, OPEC crude's share of total global production remained unchanged at 28.
    2% in November

    .

    Non-OPEC liquids production, which includes OPEC natural gas liquids, rose 590,000 bpd in November from the previous month to an average of 70.
    56 million bpd, up 3.
    03 million bpd from a year earlier

    .

    The report said that the initial increase in oil production in November was driven by non-OECD countries, especially Latin America, while OECD countries could increase production by 90,000 barrels per day, mainly from OECD European countries
    .

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