Total cartel production up 40.7 MBOPD
OPEC has released its Monthly Oil Market Report, outlining the cartel’s assessment of the state of the international oil industry.

OPEC produced a total of 32,323 MBOPD in July, up moderately from last month. Cartel production increased by a net 40.7 MBOPD in July, a smaller change than seen in the past month. Nearly every member of the group saw a large change in oil production in July, as many different events altered output.
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