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home / news releases / USOI - OPEC June Crude Oil Production


USOI - OPEC June Crude Oil Production

The following June OPEC data is based on the latest July OPEM Monthly Oil Market Report and is in thousand barrels per day.

OPEC 14 crude-only production was down 68,000 barrels per day in June.

Iran continues to decline, down 142,000 barrels per day in June.

Iraq is still pretending quotas do not exist.

I think the rebels are only having a slight effect on the Libyan production. It appears to be producing at near maximum possible production even if there were no rebel problems.

Though Nigerian production was up 129,000 barrels per day in

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Stock Information

Company Name: Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Stock Symbol: USOI
Market: NASDAQ

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