Survey: OPEC oil production fell by 200,000 barrels per day in October compared to September

A Reuters poll showed today, Wednesday, that OPEC’s oil production in October dropped 200,000 barrels per day from September to 29.7 million barrels per day, the first decline since June.

OPEC raised its forecast for medium- and long-term global oil demand, saying $ 12.1 trillion in investment is needed to meet this demand despite the shift to renewable energy.