抖阴短视频

LONDON: OPEC oil output has risen by more than 1 million barrels per day (bpd) in July as 抖阴短视频 and other Gulf members ended their voluntary extra supply curbs on top of an OPEC-led deal, and other members made limited progress on compliance.
The 13-member Organization of the Petroleum Exporting Countries pumped 23.32 million bpd on average in June, the survey found, up 970,000 bpd from June鈥檚 revised figure, which was the lowest since 1991.
OPEC and allies agreed in April to a record output cut as the coronavirus crisis hammered demand.
An easing of lockdowns and lower supply have helped oil to climb above $40 from April鈥檚 21-year low of below $16 a barrel, although concerns of a second wave are keeping a lid on gains.
鈥淯pside potential will continue to be in short supply so long as the COVID hangover lingers,鈥� said Stephen Brennock of oil broker PVM.
OPEC, Russia and other producers, a group known as OPEC+, agreed to cuts of 9.7 million bpd, or 10 percent of global output, from May 1.
OPEC鈥檚 share, to be made by 10 members from October 2018 levels in the case of most countries, is 6.084 million bpd.
In July, they delivered 5.743 million bpd of the pledged reduction, equal to 94 percent compliance, the survey found. Compliance in June was revised up to 111 percent.
July鈥檚 increase is the biggest since April, when OPEC briefly pumped at will before the latest supply cut was agreed.

To further support the market, 抖阴短视频, Kuwait and the UAE had pledged to cut by an extra 1.18 million bpd in June only.
This helped to curb output last month to OPEC鈥檚 lowest since 1991, excluding membership changes, based on Reuters surveys and OPEC figures.
The biggest rise in supply in July came from 抖阴短视频, which pumped 8.4 million bpd, up 850,000 bpd from June and close to its quota, the survey found.
The UAE and Kuwait also boosted output close to their targets. Iraq and Nigeria, which boosted compliance in June and were laggards in previous OPEC+ deals, did not make any further cuts in July, the survey found, with Iraq boosting exports. Both have pledged to make additional reductions in
later months. 鈥淭he low prices are making life difficult for those OPEC countries that are required to cut their production additionally,鈥� said Eugen Weinberg, analyst at Commerzbank.
Iranian and Libyan supply held steady in July and Venezuelan output dropped further. All three are exempt from voluntary cuts because of US sanctions or internal issues limiting output. Libyan output has plunged since January due to a blockade of ports and fields by groups loyal to eastern-based commander Khalifa Haftar.
The Reuters survey aims to track supply to the market and is based on shipping data provided by external sources, Refinitiv Eikon flows data, information from tanker-trackers such as Petro-Logistics and Kpler, and information provided by sources at oil companies, OPEC and consultants.