¬†OPEC and its allies in November pumped their most crude oil since implementing historic production cuts in May, the latest S&P Global Platts survey found, driven largely by Libya’s brisk recovery and a rebound in the UAE’s output. Receive daily email alerts, subscriber notes & personalize your experience. Register Now OPEC’s 13 members produced 24.54 million b/d in November, up by 670,000 b/d from October, while its nine partners, led by Russia, added 12.68 million b/d, a fall of 50,000 b/d, according to the survey. With Libya exempt from quotas due to its years of civil war and the UAE remaining well below its cap as it makes up for previous overproduction, overall OPEC+ compliance with its production cuts stayed stable at 100.2%. The […]