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Commodities Briefing - Categorized | Oil, Resources, Trading more

OPEC June output nears eight-year high

Posted on 19 July 2016

OPEC crude output continued to grow in June, climbing close to an eight-year high. According to S&P Global Platts, OPEC’s crude oil output grew by 300,000 barrels per day to 32.73 million bpd.
The gains came despite disruptions in Nigeria, where militants have been attacking oil and gas infrastructure. Nigeria booked the largest output gain in June, with the country’s production rising by 150,000 bpd to 1.57 million bpd………………………………………..Full Article: Source


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