S&P Global Platts: May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017

S&P Global Platts: May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017

June 8, 2017
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By hellenicshippingnews.. The Organization of the Petroleum Exporting Countries (OPEC) members’ crude output rose 270,000 barrels per day (b/d) to 32.12 million barrels per day in May compared to April, according to an S&P Global Platts survey released today. The rise was driven by sharp output recoveries in Libya and Nigeria, both of which are exempt from … Read full story ›

Source:: Hellenic shipping news Oil