OPEC’s Oil Exports Are Rising In August ...Middle East

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Crude oil exports from OPEC producers rose by 223,000 barrels per day (bpd) in the first week of August, compared to the average shipments for the full month of July, according to data from trade flow intelligence firm Petro-Logistics cited by commodity analyst Giovanni Staunovo on Wednesday. In the first seven days of August, OPEC’s crude oil exports averaged 21.325 million bpd, per Petro-Logistics data. Libyan crude oil exports rebounded, after the African producer, exempted from the OPEC+ deal, lifted a force majeure in the middle of July.…

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