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Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War
Saudi Arabia and Iraq cut output while the United Arab Emirates raised production, but OPEC still posted its lowest monthly total in more than 20 years.
Summary by Oil Price
3 Articles
3 Articles
Reuters Survey Shows OPEC Oil Output At 26-Year Low Amid Iran War
OPEC oil output has declined to its lowest level since 2000, with production falling by 830,000 barrels per day (bpd) to an average of 20.04 million bpd in April, according to a Reuters survey published Monday. Kuwait recorded the largest production drop, with reports indicating it exported zero crude in April thanks to its total reliance on the Strait of Hormuz. Saudi Arabia and Iraq also saw significant output decreases as they were forced to …
·London, United Kingdom
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Coverage Details
Total News Sources3
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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