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OPEC Surveys Point to Steady June Production Ahead of Official Numbers

OIL

OPEC surveys generally indicate steady June crude output:

  • Platts +70kbd to 28.23mbd
  • Bloomberg +80kbd to 28.57mbd
  • Reuters -50kbd to 28.18mbd
  • Argus Media +160kbd to 28.41mbd
  • OPEC official numbers for June out tomorrow while Saudi voluntary cuts of 1mn bpd are expected to be underway this month before rolling over into August.

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