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OPEC pumped 32.32 million barrels a day in June, with a maximum of 320,000 barrels before May and the highest since January 2018
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Saudi Arabia has complied with the request of the United States and other producers of crude oil in the United States. Opec rose last month, with Saudi Arabia pumping at near-record level, showed a Reuters (Reuters) – The Organization Oil exporting countries (OPEC) injected 32.32 million tonnes of crude oil during the past year, a Reuters report reported Monday barrels per day in June, according to the survey, The total in June is the highest since January 2018, according to Reuters surveys.
The Saudi decision comes at a time when US President Donald Trump has asked Riyadh to offset supply losses by new sanctions American nations s against Iran and lower prices, which reached $ 80 a barrel this year for the first time since 2014.
The OPEC and a group of non-member countries have set themselves up. last month to return to 100% membership in the supply cuts that began in January 2017, after months of lower production in Venezuela and other countries led to respect of the pact to more than 160%.
"We are entering the second half of the year" According to Tamas Varga of PVM oil broker
"According to your beliefs, you could easily wager both $ 100 and $ 60 at the end of the year. 39, year, "he added.
Saudi Arabia said the OPEC decision should result in an increase in production of about 1 million bpd , although the group's statement does not clearly define a volume.
As reported on Friday, Saudi Arabia increased production to 10.7 million bpd in June, or nearly 10.72 million bpd, to offset the decline in supply from Venezuela and other countries, in addition to the expected losses in Iran.The number of OPEC members fell to 110%, up from 167% in May [19659010] (function (d) {var id = "facebook-jssdk"; if (! D.getElementById (id)) {var js = d.createElement ("script"), ref = d.getElementsByTagName ("script") [0]; js.id = id, js.async = true, js.src = "https: / / connect.facebook .net / en_br /all.js", ref.parentNode.insertBefore (js, ref)}}) (document )
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