Cairo – Egypt’s crude oil production declined by 2.97% year-on-year to 170.9 million barrels during the first nine months of 2019, down from 173.8 million, according to statistics conducted by Mubasher based on data released by the Joint Organisations Data Initiative (JODI).

In January, the North African nation registered the highest monthly oil output of 19.8 million barrels, while February and June witnessed the lowest monthly output of 17.6 million and 18.7 million, respectively.

According to recent data, Egypt’s oil production reached 18.87 million barrels in September.

Source: Mubasher

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