OPEC’s oil production in September rose by 90,000 bpd from August to 32.85 million bpd—the highest level so far this year, but a plunge in Iranian production partly offset higher production in Saudi Arabia, Angola, and Libya, according to the monthly Reuters survey of OPEC supply published on Monday. Oil production in Iran dropped by 100,000 bpd from August to stand at 3.45 million bpd in September, the survey found, while Venezuela’s production further dropped to 1.25 million bpd last month from 1.30 million bpd in August. These…
