You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Submit your comments on this article
International-UN-NGOs
OPEC Output Hits New Low On Trump's Sanctions, Supply Pact - Reuters Survey
2019-07-15
[Jpost] OPEC oil output sank to a new five-year low in June as a rise in Saudi supply did not offset losses in Iran
...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence. The word Iran is a cognate form of Aryan, the abbreviation IRGC is a cognate form of Stürmabteilung (or SA), the term Supreme Guide is a cognate form of either Shah or Führer or maybe both, and they hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
and Venezuela due to U.S. sanctions and other outages elsewhere in the group, a Rooters survey found.

The 14-member Organization of the Petroleum Exporting Countries pumped 29.60 million barrels per day (bpd) last month, the survey showed, down 170,000 bpd from May's revised figure and the lowest OPEC total since 2014, the survey showed.
Posted by:trailing wife

#1  it would be even worse for OPEC if Mexico could get its act together

Production in Mexico has fallen pretty much every year since 2014. Mexico has enough reserves that with competent management and lack of government interference it could be pumping 4 MbD instead of the 1.8 MbD it is pumping now.
Posted by: lord garth   2019-07-15 01:06  

00:00