Crude oil production from the Opec countries continued its upward march in January, with overall volumes rising by 150,000 b/d to 29.25mn from 29.1mn b/d in December, according to Platts.Production from the 11 members bound by quotas (Opec-11) also rose by 150,000 b/d, to 26.76mn b/d in January from 26.61 mn b/d the previous month, leaving the Opec-11 overproducing their 24.845mn b/d target by 1.915mn b/d, the survey showed.
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