Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008
Green Car Congress
JULY 11, 2016
Venezuela acted as a check on the overall level though, as the crisis-hit country’s production continues to hit fresh lows. An internal state-owned PDVSA report seen by S&P Global Platts also showed a steep fall in oil output. If the situation persists, the case for a return to some kind of production cap may gain traction.
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