Iran falls 210,000 b/d ahead of sanctions Saudi Arabia produces 10.67 mil b/d Libya pumps most since June 2013 London — Sanctions-hit Iran’s accelerating production decline nudged down OPEC’s October crude output to 33.04 million b/d, a 30,000 b/d dip from September’s 22-month high, according to an S&P Global Platts survey of analysts, industry officials and shipping data. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The dramatic 210,000 b/d month-on-month fall from Iran, along with smaller drops in Kuwait, Venezuela and Iraq, outpaced gains by Saudi Arabia and the UAE, both of whom set record highs in production, the survey found. Saudi Arabia pumped 10.67 million b/d in the month, its most in the 30-year history of the Platts OPEC survey, while key ally the UAE also set an all-time high at 3.17 million b/d. Libya produced its most since June 2013 at […]