Great Success! OPEC Output Rose Most In 6 Months As Cartel Met To Extend Cuts

Great Success! OPEC Output Rose Most In 6 Months As Cartel Met To Extend Cuts

Right, so OPEC is out with their monthly report, which is basically just a compendium of publicly available information and anecdotes accompanied by pretty charts, but hey, at least they try. The headline from the June edition seems to be this: OPEC crude output climbed the most since November. This looks to be attributable to members exempt from the production cut deal restoring lost supply. From the report: According to secondary sources, OPEC crude oil production in May increased by 336 tb
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