Libya crude oil output has reached approximately 440,000 bpd according to the head of its National Oil Corporation.
Iraqi government forces took over the refinery town of Baiji from IS militants.
Exports of crude oil from Angola are set to rise marginally in December to around 1.8 mbpd.
OPEC and non-OPEC experts (not the OPEC ministers) will hold a special meeting in Vienna on Wednesday (Reports state that Venezuela wants to push for cuts in production in an attempt to increase the price of crude to $70-$100/bbl, but other powers like Russia and Saudi Arabia want to squash that idea).
According to Baker Hughes, in the week ending October 16, 2015, the U.S. rig count decreased by ten, while the natural gas rig count increased by three. Crude oil rigs have continued to decrease weekly for the last two months. This is important to take note of because if this trend reverses and rig counts rise, there could be a jump in production.