OPEC increased its oil production to its highest level since 2008, according to data cited in the report S&P Global Platts.
In June compared to may 2016 members of the cartel of the country as a whole increased the daily production of 0.3 million barrels to 32.73 million.
The largest growth of daily production indicator showed Nigeria by 0.15 million barrels per day to 1.57 million.
Iran has also increased the volume of oil produced. Daily index rose by 0.08 million barrels to 3.63 million. At the same increased volume of oil production by Saudi Arabia — as of June, she was mined of 10.33 million barrels per day.
At Angola, Ecuador, Indonesia and Qatar the rates of oil production remained on a monthly basis unchanged.
However, two countries, Iraq and Venezuela, the oil production decreased by 0.02 and 0.12 million barrels per day, respectively.
On 18 June the Minister of oil of Venezuela, Eulochio del Pino warned that in the winter of 2017 fuel prices could collapse to $ 20 a barrel, if you do not take measures to limit production.
A day earlier Russian energy Minister Alexander Novak said that at the current price of oil is no reason to reduce or freeze production of oil.
