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17 reactions | Today marks #OPEC’s 64th Anniversary. #OPEC was founded between 10-14 September 1960 by five oil- producing countries (Iran, Iraq, Kuwait, Saudi Arabia and Venezuela) in the Al- Shaab Hall in Baghdad. This milestone marked the beginning of a new chapter in the oil industry. Happy #OPEC Day! | OPEC | Facebook
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According to secondary sources, total OPEC-13 crude oil production averaged 27.45 mb/d in August 2023, higher by 113 tb/d m-o-m. Crude oil output production increased mainly in IR Iran, Nigeria and Iraq, while production in Saudi Arabia, Angola and Venezuela decreased. #MOMR | OPEC | Facebook
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