Bloomberg and Reuters: OPEC oil production increased after the Hurmuz Strait obstruction was lifted
Bloomberg and Reuters assessments of the immediate recovery of OPEC oil production following the lifting of the Islamic Republic’s blockade of the Strait of Hormuz. A Reuters review shows that last month OPEC’s daily oil production increased by 3.3 million barrels and, excluding the United Arab Emirates, which left this organization in May, reached 19 million and 430 thousand barrels. No report has yet been…