Reuters Poll Shows OPEC September Output At Yearly Low

Reuters Poll Shows OPEC September Output At Yearly Low

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A Reuters survey on Thursday shows September oil production from OPEC dropping to its lowest point this year, at 26.14 million barrels per day, down nearly 400,000 bpd from the previous month, primarily due to disruptions in Libya.  In August, OPEC produced 390,000 bpd more than in September, according to the Reuters survey, with Libya accounting for around 300,000 bpd of that and Nigeria responsible for 40,000 bpd, while Iraq continued to produce at 90,000 bpd above quota.   “OPEC pumped about 130,000 bpd more than the implied…

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