Global Oil & Gas: OPEC production steady in December.

OPEC-II
OPEC

OPEC produced 32.47 mb/d in December, according to a Bloomberg News estimate, essentially flat from a month earlier. Some notable declines came from Libya (pipeline outage), Saudi Arabia and Venezuela, while Nigeria boosted output.

OPEC’s compliance rate for December stood at 121 percent, the same as November.

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