According to a Reuters report on August 31 in London, a survey conducted by Reuters recently showed that OPEC oil production in August rose to a high this year due to the rebound in oil production in Libya and the record high oil exports in southern Iraq.

Reuters survey on Friday found that OPEC’s 15 member countries had an average daily production of 32.79 million barrels of oil in August, an increase of 220,000 barrels per day from the revised daily output in July, the highest level this year.