OPEC OIL PRODUCTION 30.81 MBD
PLATTS - OPEC has painted a bearish picture for 2019, with demand for its crude oil expected to fall due to weak demand growth and a sharp rise in output from producers outside the group.
The group's 14 members pumped 30.81 million b/d in January, down from 31.60 million b/d in December, according to its Monthly Oil Market Report Tuesday.
Oil prices have recovered since December, when they fell to a 15-month low, with ICE Brent trading above $62/b this week.
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