OPEC’s overall crude production soared towards 29 million barrels per day (million b/d) in June as the cartel opened the taps to keep a pledge to try cool down overheated oil prices, a Platts survey of OPEC and oil industry officials showed July 13. Including Iraq, output from the group’s 11 members climbed by 680,000…
MARKETS: Platts said OPEC-10 raised output by 880,000 barrels per day in June
Posted on July 22, 2004 by EnergyAsia