OPEC report shows output from Russia, cartel offsets loss from Iranian sanctions

11/13/2018

OPEC production rose by 127,000 barrels a day in October. Gains from the Saudis were supported by Russia’s 50,000 barrels-a-day increase last month, a post-Soviet record. Iran continued to decline, falling 156,000 barrels a day in October. WTI Crude is $58.76; Brent is $68.85 this morning.

Source: MarketWatch.com - By: Sarah McFarland - Image: Getty Images

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