OPEC’s eleven members, including Iraq, pumped an average 24.84-million barrels/day in June, down 80,000 b/d from May’s 24.92-mil b/d, said a recent Platts survey of OPEC and oil industry officials. But the survey showed that, excluding Iraq, the ten members bound by output quotas under a 21.7-mil b/d ceiling boosted their combined output by 90,000…
MARKETS: Platts says OPEC output, excluding Iraq, jumped almost 100,000 b/d in June
Posted on July 16, 2002 by EnergyAsia