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OPEC+ 'seven' oil output falls 7.646 mln bpd below target in May

The planned production level was set at 29.363 million bpd, while actual output stood at 21.717 million bpd

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tass.comStai leggendo3 mesi fa

OPEC+ 'seven' oil output falls 7.646 mln bpd below target in May

OPEC+ production hit 21.717M bpd in May, 7.646M below target; Middle East conflict caused Saudi Arabia to miss by 3.316M, Iraq 2.845M. Supply disruption raises energy cost volatility for European data center operations and cloud infrastructure CapEx planning.

originale

cryptobriefing.com3 mesi fa

OPEC+ raises July oil output quota by 188,000 barrels per day, but there's a catch

OPEC+ agreed to raise oil production quotas by 188,000 barrels per day for July 2026, but Strait of Hormuz tensions make the increase largely symbolic.

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Timeline cronologica

lunedì 8 giugno 2026·cryptobriefing.com
OPEC+ raises July oil output quota by 188,000 barrels per day, but there's a catch
OPEC+ agreed to raise oil production quotas by 188,000 barrels per day for July 2026, but Strait of Hormuz tensions make the increase largely symbolic.
giovedì 11 giugno 2026·tass.com
Russia lowered oil production in May by 9,000 bpd — OPEC
According to the report, Russia’s oil production was below the OPEC+ target with compensations and voluntary cuts taken into account by 690,000 bpd

OPEC+ 'seven' oil output falls 7.646 mln bpd below target in May

OPEC+ raises July oil output quota by 188,000 barrels per day, but there's a catch

Timeline cronologica

OPEC+ raises July oil output quota by 188,000 barrels per day, but there's a catch

Russia lowered oil production in May by 9,000 bpd — OPEC

OPEC+ May oil output falls 8.241 mln bpd below target, including voluntary cuts

OPEC+ 'seven' oil output falls 7.646 mln bpd below target in May