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home / news releases / PXJ - OPEC Update September 2021


PXJ - OPEC Update September 2021

  • OPEC produced 26762 kb/d of crude oil in Aug 2021 based on secondary sources, an increase of 151 kb/d from June.
  • World oil supply decreased by 30 kb/d in August, relatively flat compared to last month.
  • OPEC 13 output may struggle to rise above 28.4 Mb/d unless sanctions are removed from Iran or other OPEC countries increase their capacity which is doubtful in the short term.

For further details see:

OPEC Update, September 2021
Stock Information

Company Name: Invesco Dynamic Oil & Gas Services
Stock Symbol: PXJ
Market: NYSE

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