Reuters Survey Shows 310,000 Bpd OPEC Output Increase ...Middle East

A Reuters survey on Monday showed that OPEC produced 310,000 bpd more in July to fill in the gaps from reduced production in Nigeria and the force majeure in Libya, which has since been lifted.  OPEC produced 28.98 million bpd in July in total, according to the Reuters survey, which represents an increase of 310,000 bpd in July compared to the revised output figures for June.  That figure indicates that OPEC members met 60% of the production increase deal made through OPEC+, which includes Russia. The survey also noted that around 240,000…

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