Led by production increases in Saudi Arabia and Russia, the OPEC+ group raised its October oil output by 490,000 barrels per day (bpd), TASS news agency quoted the International Energy Agency as saying in its monthly report on Tuesday. Saudi Arabia’s oil production rose to 9.8 million bpd in October from 9.
68 million bpd in September, with the Kingdom still complying with its quota. Russia pumped 9.91 million bpd in October, up from 9.82 million bpd in September, with a compliance rate of 92 percent, TASS notes. The compliance of the OPEC+…OPEC+ Raised Oil Production By More Than 400,000bpd In October
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