Commodities · Brief
OPEC Output Jumps as Saudi Supply Rebounds
OPEC production rose by nearly 2 million barrels a day, led by Saudi Arabia.
Kunkafa News · Published · 2 min read
By Kareem FaridDiscuss with the author on X
Key points
- OPEC output rose by nearly 2 million barrels a day.
- Saudi production rebounded and led the increase.
OPEC production jumped by nearly 2 million barrels a day toward prewar levels as Saudi output recovered, investingLive reported.
More supply usually weighs on prices, but Brent still held above $93 on Thursday.
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