OPEC oil data – Jun 2018

Published at 13:21 12 Jul 2018 by

We estimate that OPEC production rose m/m by 0.15 mb/d to 32.03 mb/d in June, but was lower y/y by 0.67 mb/d. Compliance with the OPEC/non-OPEC deal was down to 124%, from 161% in May. Compliance excluding Venezuela fell to a record low of 69%, compared with 112% in May. Congo joined OPEC on 22 June…

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