OPEC output surges 120,000 b/d in May despite quotas; Russia-led allies cut: Platts survey

Capt. John

To get Platts OPEC+ survey sooner, join Platts Connect . The nine OPEC members subject to quotas boosted crude oil output by 100,000 b/d in May, driven by Nigeria and Iraq, pushing the group 320,000 b/d above their collective targets, while the bloc’s Russia-led allies cut production, the Platts...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/061024-opec-output-surges-120000-bd-in-may-despite-quotas-russia-led-allies-cut-platts-survey

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