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OPEC+ Oil Production Falls by 439,9000 Bpd
3 Articles
3 Articles
OPEC+ Oil Production Falls by 439,9000 Bpd
Crude oil production from the OPEC+ alliance slumped by as much as 439,000 barrels per day in January compared to December as a major supply disruption in Kazakhstan added to lower output from Iran and Venezuela, OPEC data showed in its Monthly Oil Market Report (MOMR). Total OPEC+ crude oil production averaged 42.45 million barrels per day (bpd) in January 2026, down by 439,000 bpd versus December, as Kazakhstan’s output plummeted by 249,000 b…
In January OPEC+ pumped an average of 42.45 million barrels per day (mbd), 439,000 less than in December due to falls in production in Kazakhstan, Venezuela, Iran and Russia, according to the monthly report of the oil organization broadcast in Vienna. OPEP+, led by Saudi Arabia and Russia, bombed an average of 42.45 mbd of crude oil in January 2026, about 1% less than a month earlier, according to estimates based on independent sources collected…
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