OPEC fulfilled oil deal by 173% in January

OPEC fulfilled oil deal by 173% in January
# 15 February 2023 10:32 (UTC +04:00)

OPEC (The Organization of the Petroleum Exporting Countries) oil production in January decreased by 49,000 barrels per day compared to December, to 28.88 million barrels per day, thus the countries of the organization fulfilled the oil agreement by 173%, APA reports citing monthly reports of OPEC.

"According to secondary sources, total OPEC-13 crude oil production averaged 28.88 mb/d in January 2023, lower by 49 tb/d m-o-m.

Crude oil output increased mainly in Nigeria, Angola and Kuwait, while production in Saudi Arabia, Iraq and IR Iran declined," the report said.

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