Latest OPEC report shows wide discrepancy in output figures Iraq, Venezuela question estimates from ‘secondary sources’ The scale of the internal differences OPEC must resolve before securing a deal to cut supply was revealed Wednesday as the group’s latest output estimates showed a half-million-barrel difference of opinion over how much two key members are pumping. Venezuela and Iraq’s own figures on how much crude they produced in September were 565,000 barrels a day higher than estimates compiled by the Organization of Petroleum Exporting Countries from so-called secondary sources. The two nations are disputing the data, which could determine the production target for each country when caps on members’ output are decided next month. OPEC reached a preliminary agreement to limit its total oil production to a range of 32.5 million to 33 million barrels a day in Algiers on Sept. 28. Details of how the burden of the cuts […]