OPEC Output Down 480,000 Barrels Per Day in November, According to Platts

Apart from Iraq, whose output fell by 400,000 b/d, from 2.2-mil b/d in October to 1.8-mil b/d in November, three other countries–Nigeria, Saudi Arabia and the UAE–reduced output. Saudi output eased back to 9.5-mil b/d from October’s 9.55-mil b/d while Nigerian and UAE output edged down by 20,000 b/d each.

Platts