YGRN - OPEC May 2020 Oil Production

All OPEC charts below were taken from the latest OPEC Monthly Oil Market Report.

All data is through May 2020 and is in thousand barrels per day.

OPEC crude only production was down 6,300,000 barrels per day in May.

Oil production in every OPEC Nation except Iran was down in May.

Algeria down 188,000 barrels per day in May. That was quite a surprise.

Iran is holding steady at just under 2 million barrels per day.

Iraq finally cut by 330,000 barrels per day but this is still way below what they were expected

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