OPEC crude oil production fell in August, Reuters survey shows
REUTERS SURVEY: OPEC crude output fell 640,000 bpd in August to 19.71 mln bpd, the survey found. The drop reflects Middle East conflict-related disruptions: Saudi exports faced new interference and US interdiction cut Iranian shipments. Seven OPEC+ members, including Russia and other allies, had agreed to raise output in August but were unable to do so due to the conflict. The survey is based on LSEG flow data, Kpler and other flow trackers, and reporting from oil companies, OPEC and consultants.
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10:29:58 AM UTC
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REUTERS SURVEY: OPEC crude output fell 640,000 bpd in August to 19.71 mln bpd, the survey found. The drop reflects Middle East conflict-related disruptions: Saudi exports faced new interference and US interdiction cut Iranian shipments. Seven OPEC+ members, including Russia and other allies, had agreed to raise output in August but were unable to do so due to the conflict. The survey is based on LSEG flow data, Kpler and other flow trackers, and reporting from oil companies, OPEC and consultants.
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