OPEC January Crude Output Rises on Gains From Iraq

Lock
This article is for subscribers only.

OPEC oil production rose in January as record Iraqi output helped drive prices near six-year lows.

Production by the Organization of Petroleum Exporting Countries climbed 483,000 barrels a day to 30.905 million a day this month, led by gains in Iraq, Saudi Arabia, and Angola, according to a Bloomberg survey of oil companies, producers and analysts.