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OPEC output fell 460k bpd in May - survey

OPEC output fell 460k bpd in May - survey
OPEC members pumped 28.01m bpd in MayProduction fell 460k bpd after voluntary cuts took effectOutput is down 1.5 mbpd from SeptApril output was revised down 150k bpdNigeria, Angola and Iraq are producing materially under their voluntary and formal cuts. It could be a problem for the oil market if they're able to restore those flows. This article was written by Adam Button at www.forexlive.com... Read More
Posted: May 31 2023, 14:10
Author Name: forexlive
Views: 102637

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