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Oil report

TABLE-OPEC oil output rises 370,000 bpd in November - Reuters survey

Dec 5 (Reuters) - The following table shows OPEC crude oil
output in millions of barrels per day (bpd) in November and
October, according to a Reuters survey published on Monday.
 
    The survey indicates output from the Organization of the
Petroleum Exporting Countries rose by 370,000 bpd in November,
led by Angola and smaller increases in nations including
Nigeria, Libya, Iran and Iraq.
    At a meeting on Nov. 30 in Vienna, OPEC agreed to reduce its
output to 32.50 million bpd, representing its first supply-cut
decision since 2008. 
    Since the deal takes effect on Jan. 1, no production target
is currently in effect. 
    Totals in the table are rounded.       
                November   October  
 Algeria        1.090      1.090    
 Angola         1.720      1.470    
 Ecuador        0.550      0.550    
 Gabon          0.220      0.210    
 Indonesia      0.740      0.730    
 Iran           3.680      3.640    
 Iraq           4.620      4.580    
 Kuwait         2.900      2.920    
 Libya          0.560      0.500    
 Nigeria        1.700      1.650    
 Qatar          0.640      0.640    
 Saudi Arabia   10.450     10.530   
 UAE            3.100      3.080    
 Venezuela      2.220      2.230    
 TOTAL OPEC     34.190     33.820   
    The Reuters survey, based on shipping data and information
from industry sources, aims to assess crude supply to market,
defined to exclude movements to, but not sales from, storage.
Saudi and Kuwaiti data includes the Neutral Zone.
    Venezuelan data includes upgraded synthetic oil. Nigerian
output includes the Agbami stream and excludes Oso and Akpo
condensates.

 (Reporting by Alex Lawler, additional reporting by Rania El
Gamal; Editing by Dale Hudson)
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