OPEC oil data – Aug 2017

Published at 09:48 13 Sep 2017 by

We estimate that OPEC production fell m/m by 0.26 mb/d in August to 32.70 mb/d, breaking a run of four consecutive increases, and was broadly flat y/y. The decline took compliance back up to 105%, after it fell below 100% in both June and July.The largest m/m decrease was in Saudi Arabia, which logg…

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