• HSBC

OPEC crude supplies up in July

  • Middle East: Sunday, August 30 - 2009 at 13:51

According to an estimate by energy consulting group PetroLogistics, 11 OPEC member countries increased slightly their crude-oil supplies last month to some 26 million barrels a day, up from 25.96 million a day in June, Bloomberg has reported. Supplies from all 12 members, including Iraq, rose to 28.6 million barrels a day from 28.3 million a day, the company said.

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