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Page added on June 24, 2006

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OPEC Oil Output Rises in June

Khaleej Times – Opec oil production will rise by 300,000 barrels per day in June because of an increase from Saudi Arabia and Iran, the group’s two top producers, oil consultant Petrologistics said yesterday.

The Organisation of the Petroleum Exporting Countries will pump 29.7 million bpd in June, up from a revised 29.4 million bpd in May, said Conrad Gerber, head of the Geneva-based consultancy which tracks oil shipments.
Khaleej Times



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