Moscow. 24 Jan. Saudi Arabia in November, production increased to a historic high, according to the Joint Organization Data Initiative (JODI). Made of 10.72 million barrels a day (b/d) compared to 10,625 million b/d in October last year. In November 2015, the country produced 10,186 million b/d.
However, Saudi Arabia in November, 2016, has increased oil export to 8,258 million b/d vs 7,636 million b/d in the previous month. In the same month of 2015 foreign supply amounted to 7,719 million b/d.
Oil production in Iraq in the last month was 4.8 million b/d compared to 4,776 million b/d in October, exports rose to 4,051 million b/d with 3,384 million b/d, according to JODI. Oil production in Venezuela continues to remain low since 2003: in November it amounted to 2,276 million b/d compared to 2,316 million b/d in the previous month.