Countries exempt from the OPEC production deal are ramping up production
Even as the Organization of Petroleum Exporting Countries looks to rebalance markets through coordinated production cuts within its ranks and with other non-members, production from the group is up.

OPEC released its June Monthly Oil Market Report Tuesday showing that its production grew 0.34 MMBOPD to 32.1 MMBOPD in the month of May.

The bulk of the additions in May came from Libya and Nigeria which added 178.2 MBOPD and 174.2 MBOPD, respectively, to their overall ...


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