Monday, May 9, 2022

OPEC+ April Crude Oil Output Tumbles -- Platts Survey -- May 9, 2022

Link here.

  • OPEC production up 70,000 b/d, but partners lose 1.13 mil b/d
  • Russian output down 900,000 b/d; Kazakhstan, Libya slump amid outages
  • Quota compliance soars to 220.3% as most members miss targets

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