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Saudi Arabia, Iraq boost oil output in November: OPEC sources

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12/11/2016 | 12:41pm CET
The word oil is pictured on an oil bank at a recycling yard in London

Saudi Arabia, the world's top oil exporter, told the Organization of Petroleum Exporting Countries it pumped 10.72 million barrels per day in November, an OPEC source said, an increase from 10.625 million bpd in October.

Iraq said its official November output was at 4.8 million bpd, up from 4.776 million bpd in October.

Gulf OPEC Kuwait reported output at 2.9 million bpd in November, lower than its 3 million bpd in October, while the United Arab Emirates kept its output virtually steady at 3.195 million bpd, according to official figures reported to OPEC.

(Reporting by Rania El Gamal)

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