Kazakhstan's oil output decreased by 6% in May compared to April, falling to 1.451 million barrels per day (BPD), below the OPEC+ quota. OPEC's crude production in May rose by 60,000 BPD to 26.96 million BPD, with key members exceeding quotas, notably Iraq. Additionally, in a separate report, OPEC's oil output increased by 145,000 BPD from April to 26.63 million BPD in May, driven by Nigeria and Iraq.
#OPEC oil output rises in May, led by Nigeria, Iraq, survey shows #oott https://t.co/cXZZvV6pwY
OPEC'S MAY OIL OUTPUT RISES BY 145,000 BPD FROM APRIL TO 26.63 MILLION BPD - SURVEY
OPEC MAY OIL OUTPUT RISES BY 145,000 BPD FROM APRIL TO 26.63 MILLION BPD - REUTERS SURVEY
OPEC’s Crude Production Steady While Key Members Flout Quotas - Bloomberg May production was 60,000 b/d higher than April, survey shows Iraq raised output despite pledging deeper compensation cuts
#OPEC’s Crude Production Steady While Key Members Flout Quotas May production was 60,000 b/d higher than April, survey shows Iraq raised output despite pledging deeper compensation cuts #oott https://t.co/9PhS5ENWr8
OPEC MAY CRUDE OUTPUT ROSE 60K BPD TO 26.96M BPD - SURVEY
KAZAKHSTAN'S OIL OUTPUT IS DOWN BY 6% IN MAY VS APRIL TO 1.451 MLN BPD, BELOW OPEC+ QUOTA - SOURCES.
KAZAKHSTAN'S OIL OUTPUT DOWN BY 6% IN MAY VS APRIL TO 1.451 MLN BPD, BELOW OPEC+ QUOTA, SOURCES SAY
OPEC monthly production levels with new output targets #crudeoil #oott https://t.co/LHTMYl1yQb