Only 30,000 BPD more was produced by quota-bound oil producers in August, falling 3.4 million BPD short of their total objective. The Organisation of Petroleum Exporting Countries (OPEC) alliance was supposed to have finished unwinding the 9.7 million bpd production cutbacks it committed to in April 2020 in response to the Covid-19 outbreak last month, … Continue reading Production Fell Short By 3.4m bpd In August- OPEC