OPEC Oil Production Up By 117,000 Bpd To 28.92Mln Bpd In February - Report

Umer Jamshaid Published March 14, 2023 | 05:21 PM

OPEC Oil Production Up by 117,000 Bpd to 28.92Mln Bpd in February - Report

MOSCOW (UrduPoint News / Sputnik - 14th March, 2023) OPEC oil production increased by 117,000 barrels per day in February month-on-month and reached 28.92 million barrels per day, according to its fresh report published on Tuesday.

"OPEC-13 crude oil production in February increased by 117 tb/d m-o-m to average 28.

92 mb/d, according to available secondary sources," the report read.

According to OPEC data, the alliance's compliance with the oil production cut deal was fulfilled by 173% in February, with the organization cutting the production by 927,000 barrels per day on top of obligations.

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