Venezuela, Iran and Libya are excluded from the list of OPEC production quotas



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The measure was adopted at the so-called sector meeting of ministers "OPEP +"(The members of these OPEC And other independent producers included Russia And Mexico), Held on December 7th Vienna.

Its objective is to avoid excess supply in the market, especially in view of growing production United States, Especially that of scarf oil, and suppress the "petropressios".

From the commitment they are excluded Iran, Libya and Venezuela Due to the involuntary drops in their oil activities, these countries suffered from these OPEC, For various reasons.

Below the list of ceilings and ceilings in force for each country January 1, 2018 And predictable till at least those June 30 next.

All figures are in daily barrels.

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