OPEC saw its crude oil production plummet by the most in 17 years in September as the attacks on critical oil infrastructure in its largest producer Saudi Arabia took 5.7 million bpd offline for weeks, the monthly S&P Global Platts survey showed on Monday. According to the survey, OPEC pumped 28.45 million barrels per day (bpd) of crude oil last month, down by 1.48 million bpd from August—the steepest drop in nearly 17 years. The September overall production was also the lowest monthly OPEC oil production level since May 2009, according to the S&P Global Platts survey. Due to the September 14 attacks on critical Saudi oil facilities , which took 5.7 million bpd—or 5 percent of global supply—offline, Saudi Arabia’s crude oil production plunged by 1.32 million bpd in September from August, to stand at 8.45 million bpd. Output in Venezuela further dipped, by another 100,000 bpd to […]