OPEC Output Climbs Again, But Still Trails Quota Targets ...Middle East

OILPRICE - Economy
OPEC Output Climbs Again, But Still Trails Quota Targets
OPEC’s total oil production jumped by 1.17 million barrels per day in July from June as many Gulf producers restored some output that was shut in for three months due to the closed Strait of Hormuz. Output at the 11-member OPEC rose to 19.85 million bpd in July, extending the monthly increases for the second consecutive month, according to a Reuters survey based on ship-tracking data and information provided by sources at OPEC, oil companies, and consultants. In May, when major Gulf producers slashed output, OPEC’s oil production dropped…

Hence then, the article about opec output climbs again but still trails quota targets was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC Output Climbs Again, But Still Trails Quota Targets )

Apple Storegoogle play

Last updated :

Also on site :



Latest News