OPEC notes Kazakh crude output decline, expresses fears that Kashagan is being drained

12.10.2017

Preliminary data indicate that global oil supply increased by 0.41 mb/d to average 96.50 mb/d in September 2017 compared with the previous month. Preliminary September supply data shows an increase in non-OPEC supply (including OPEC NGLs) by 0.32 mb/d to average 63.76 mb/d. This was mainly driven by the US,...