CANADA TO PUBLISH FISCAL UPDATE ON DEC. 16

MNI BRIEF: Inflation Expectations Tick Higher - NY Fed

MNI BRIEF: China Passenger Car Sales Up In November Y/Y

MNI BRIEF: Mexico Inflation Down To 4.55% In November

MNI China Daily Summary: Monday, December 9

MNI BRIEF: China To Strengthen Policy Easing In 2025: Poliburo

MNI:US OCT WHOLESALE INV 0.2%; SALES -0.1%

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

OPEC+ Crude Output Edged Higher in October: Argus

OIL

Crude oil production from 19 OPEC+ quota bound countries in October rose by 70kbpd to 36.27mbpd according to Argus estimates.

  • This was still 650kbpd under their collective quota.
  • Saudi Arabia once again delivered on its commitment to cut output by 1mbpd, which it has been doing since July, producing 8.97mbpd last month.
  • Iran’s crude oil production as estimated at 3.15mbpd in October, down from 3.2mbpd in September.
  • At the same time, crude oil exports from the Middle East – Saudi Arabia, Iraq, Kuwait and the UAE – rose by 670kbpd on the month in October, Vortexa data showed.
  • Russian crude exports also rose last month by 160kbpd to 4.69mbpd.
  • climbing by 160,000 b/d to 4.69mn b/d, as Moscow's decision to restrict motor fuel exports weighed on domestic refinery throughput.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.