Tag: thousand
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OPEC + production increases marginally in June .. and Russia cuts 440 thousand barrels per day (survey)
OPEC + oil production rose marginally last June, despite the decline in Russian production as part of Moscow’s pledges to cut production. A recent survey showed that the OPEC + alliance kept its crude oil production almost unchanged in June, amid anticipation of production levels in July, with the implementation of large additional cuts by…
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OPEC + production declines in May .. and Russia cuts 410 thousand barrels per day (survey)
OPEC + oil production declined, during May (2023), by about 670 thousand barrels per day on a monthly basis, supported by the voluntary cuts announced by Saudi Arabia, Russia and a number of coalition countries last April, which raised production cuts to 3.6 million barrels per day. A recent survey showed that OPEC and its…
