Commodities & Energy

Reuters first to report OPEC oil output falls in October led by drop in Iraqi exports

Reuters first to report OPEC oil output falls in October led by drop in Iraqi exports

Reuters was first to report the latest facts and figures on compliance with the current landmark OPEC-non-OPEC supply agreement for October – the last month of data before the oil producer group’s November policy meeting. Reuters October survey, which has consistently delivered clarity to oil market participants for more than 25 years, showed OPEC output had fallen 80,000 barrels, with Brent crude prices rising to their highest in 2 years, topping $61 per barrel, after the Reuters story was published.