OPEC Production Hits 4-month High Of 31.87 Mb/d

OPEC Production Hits 4-month High Of 31.87 Mb/d

Occasioned by increased global oil supply of 370,000 barrel per day (mb/d) in June, due mainly to higher outputs from Saudi Arabia and Russia, OPEC crude production hit a four-month high of 31.87 mb/d, the International Energy Agency (IEA) has said.

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