OPEC Output Rose in July Led by Gulf Nations, Survey Shows


According to the survey, the kingdom’s production rose by 390,000 barrels a day to 7.4 million barrels a day, an increase that still leaves output several million barrels short of pre-conflict volumes. Its exports also came under pressure as Iran’s allies in Yemen, the Houthi rebel group, threatened tankers on the Red Sea route used by the Saudis as an alternative to the Persian Gulf.



Source link

  • Related Posts

    McDonald’s sales struggle despite value meals

    Having trouble figuring out this economy? So is McDonald’s. The fast-food giant reported its slowest U.S. sales growth in over a year as its value push fell flat with customers…

    What we know about ongoing Coldcard hack that’s stolen over $100M worth of bitcoin

    If you’re a bitcoin user, then you may be familiar with Coldcard — a bitcoin-only hardware wallet that has been the latest target of a data breach. Hackers reportedly drained…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    McDonald’s sales struggle despite value meals

    McDonald’s sales struggle despite value meals

    SpaceX shows strong growth in its first earnings report since going public

    SpaceX shows strong growth in its first earnings report since going public

    Ceuta: EU commends Spain’s ‘swift response’ to migrant crisis

    Ceuta: EU commends Spain’s ‘swift response’ to migrant crisis

    Quebec farmers speak out after fraud leaves them with $27K loss – Montreal

    Quebec farmers speak out after fraud leaves them with $27K loss – Montreal

    Heat Is an Orbital Data Center’s Greatest Foe. These Tiles Dump It at the Source.

    Heat Is an Orbital Data Center’s Greatest Foe. These Tiles Dump It at the Source.

    Minister Anand will hold a virtual call back from the NATO Foreign Affairs Ministers Meeting