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.



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