OPEC output rebounds as Gulf supplies return
OPEC crude production climbed sharply in July as Gulf producers restored output disrupted by the Iran war and restrictions on tanker movements through the Strait of Hormuz, extending the oil market’s recovery from severe supply losses earlier this year. Production by the 11-member Organization of the Petroleum Exporting Countries increased by about 1.17 million barrels per day from June to 19.85…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
