Platts: June OPEC output of 32.73M barrels of crude per day, highest since Aug. 2008
Green Car Congress
JULY 11, 2016
OPEC’s 300,000-barrel-per-day output rise in June, boosted by fragile recoveries in Libya and Nigeria, and the unrelenting rise in Iran and the increase in Saudi Arabia, sends a strong message over its unwavering market share strategy. The sharp increase in OPEC’s June production affirms a continuation of its market share strategy.
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