Saudis Pump Most Oil in 30 Years, Boosting OPEC July Output

Bloomberg reports that Saudi Arabia pumped 9.8 million barrels a day oil last month.

The market news is quoted as saying:

Output in Iran, OPEC’s second-biggest producer, fell to the lowest in more than eight and a half years, dipping to 3.53 million barrels a day, the IEA said.

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