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OPEC production fell in August because of Iraq

9/2/2015

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The stability of the production of Saudi Arabia and other members of the Gulf Organization of the Petroleum Exporting Countries refers to its commitment to its position defending market shares do not prices. Baghdad: the obelisk: A survey conducted by the agency "Reuters", Wednesday, declining OPEC oil production in the month of August to come down from a record high due to disruptions northern Iraq pipeline's second largest producer in the Organization. And indicates the stability of the production of Saudi Arabia and other Gulf members of the Organization of the Petroleum Exporting Countries to position its commitment to defending market shares do not prices. According to the document to the shipping data and information from sources to oil companies and OPEC supply and advisers declined the organization in August to 31.71 million bpd from a revised survey amounted to 31.88 million barrels per day in July.  SOURCE

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