Are The Saudi’s Overproducing Oil?
November 30, 2015 at 16:38 PM EST
As usual the Saudi’s are mislabeled as over producers, Iraq and US are producing much more now than 2011. OPEC production is higher by 400,000, Saudi higher by 1.0mil, Iraq higher by 1.8mil and US higher by 3.6mil BBL/dy.