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-   -   OPEC oil output hits 3-year high in June on Iraq -Reuters survey (https://hameed.nwar.uk/vb/showthread.php?t=1488677)

rss 07-01-2015 06:24 AM

OPEC oil output hits 3-year high in June on Iraq -Reuters survey
 
* Supply rises by 300,000 bpd to 31.60 million bpd * Iraq exports hit record despite Baghdad, KRG tension * Saudi Arabia keeps output above 10.30 mln bpd * Nuclear deal with Iran could lead to further boost By Alex Lawler LONDON, June 30 (Reuters) - OPEC oil supply in June has climbed to a three-year high due to record or near-record output from Iraq and Saudi Arabia, a Reuters survey found, underlining the focus of the group's top exporters on market share. OPEC supply has risen in June to 31.60 million bpd from a revised 31.30 million bpd in May, according to the survey, based on shipping data and information from sources at oil companies, OPEC and consultants.

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