OPEC crude output rises 200,000 b/d to 29.8 mil b/d in June: IEA

London (Platts)--12Jul2006

OPEC crude output rose to 29.8 million b/d in June, up 200,000 b/d from a
revised figure of 29.6 million b/d for the previous month as Iraq resumed
limited exports of Kirkuk crude via Turkey, the International Energy Agency
said Wednesday.
As a result of the Kirkuk exports, the first since August last year,
Iraqi production rose to 2.08 million b/d, up from 1.92 million b/d in May,
the IEA said in its latest monthly oil market report.
Output by the ten remaining members nominally bound by a collective
output ceiling of 28 million b/d averaged 27.73 million b/d, up marginally
from 27.68 million b/d the previous month.
Estimated total OPEC crude output in May has been revised downwards to
29.6 million b/d from a figure of 29.83 million b/d in the IEA's last monthly
report.

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