{"id":30092,"date":"2020-10-06T12:03:10","date_gmt":"2020-10-06T10:03:10","guid":{"rendered":"https:\/\/www.ecomnewsmed.com\/?post_type=news&#038;p=30092"},"modified":"2020-10-06T12:03:24","modified_gmt":"2020-10-06T10:03:24","slug":"opec-production-increased-by-160000-barrels-per-day-in-september","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2020\/10\/06\/opec-production-increased-by-160000-barrels-per-day-in-september\/","title":{"rendered":"OPEC production increased by 160,000 barrels per day in September"},"content":"\n  \n    \n      \nThe Organization of the Petroleum Exporting Countries (OPEC) pumped an average of 24.4 million barrels of oil per day in September, 160,000 barrels per day more than in August. This increase can be explained, among other things, by the restarting of certain Libyan installations and the improvement of Iranian exports.\n\n    \n  \n\n\n  \n    \n      \nIt must be said that the increase in supply from OPEC members since the previous month and doubts about demand have had an impact on oil prices, as investors have shown very little confidence in the market. For example, in September, prices fell by 10% to almost $ 40 a barrel.\n\n    \n  \n\n\n  \n    \n      \n&#8220;While demand is struggling to keep up, supply is increasing,&#8221; said Paola Rodriguez-Masiu, analyst at Rystad Energy.\n\n    \n  \n\n\n  \n    \n      \nRecall that according to forecasts by the American investment bank Goldman Sachs, the demand for oil should increase by 3.7 million barrels per day between January and August of next year, while the supply will remain capped thanks to the OPEC + policy combined with a slight increase in non-OPEC supply.\n\n    \n  \n\n\n  \n    \n      \nSource Ecofin Agency\n\n    \n  \n\n","author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","tags":[5751,5799,5827],"location":[5740],"class_list":["post-30092","news","type-news","status-publish","hentry","tag-economy","tag-energy","tag-oil","location-med-2"],"short_url":"https:\/\/bit.ly\/3iBUmQQ","have_related_news":"","chapo":"The Organization of the Petroleum Exporting Countries saw its oil production jump 160,000 barrels per day in September. This performance is mainly attributable to the return of Libyan supply to the market.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/10\/la-production-de-lopep-a-augmente-de-160-000-barils-par-jour-en-septembre-2-550x360.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/10\/la-production-de-lopep-a-augmente-de-160-000-barils-par-jour-en-septembre-2-550x360.png 550w","sizes":"550px","alt":"","width":550,"height":360,"ratio":0.7,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/10\/la-production-de-lopep-a-augmente-de-160-000-barils-par-jour-en-septembre-2-936x658.png","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/10\/la-production-de-lopep-a-augmente-de-160-000-barils-par-jour-en-septembre-2-936x658.png 1170w","sizes":"1170px","alt":"","width":1170,"height":658,"ratio":0.7,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>OPEC production increased by 160,000 barrels per day in September - 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