OPEC’s crude oil production in August, not including newest member Congo, rose to a 10-month high, with Iraq surging to record output and Libya recovering from militia fighting, more than offsetting Iran’s slide as the sanctions-hit country struggles to keep its customers, according to the latest S&P Global Platts survey. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Saudi Arabia’s output 10.49 mil b/d Iraqi output surges to all-time high of 4.68 mil b/d Iran sees buyers flee ahead of sanctions Libya rebounds, Venezuela slumps further The 15 members of OPEC pumped 32.89 million b/d in the month, the survey found. Taking away Congo, which joined the organization in June, OPEC’s August output of 32.57 million b/d is the highest since it produced the same amount in October 2017, as it unwinds supply cuts that have been in place since January 2017. Pressure […]