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OPEC oil production holds steady as Saudi offsets Iranian gains

The kingdomโ€™s output fell by 170,000 bpd, exactly countering a combined increase from Iran and Nigeria, according to a Bloomberg survey. The Organization of Petroleum Exporting Countries collectively pumped 27.82 MMbpd in August, or 40,000 more than the previous month.
United States Saudi Arabia Ar Riya Joe Biden Kpler Ltd Organization Of Petroleum Exporting Countries

For Global Oil Markets, a US-Iran Deal Is Already Happening

(Bloomberg) -- While Iran and the US make wary diplomatic overtures, a return to their lapsed nuclear agreement remains a distant prospect. But for world oil markets, a pact is already taking effect.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRIC...
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Source: yahoo.com

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