Carlsbad + 19 CB July 11, 2018 Saudi Arabia's oil production jumped by nearly 500,000 barrels per day in June, so what can we expect in July? Quote Share this post Link to post Share on other sites
Martin + 31 July 11, 2018 (edited) Indications are that the Saudis are talking 'discipline and restraint' while opening the tap. It is difficult not to expect a similar or higher number. Edited July 11, 2018 by Martin Spelling correction Quote Share this post Link to post Share on other sites
Rodent + 1,424 July 11, 2018 33 minutes ago, Carlsbad said: Saudi Arabia's oil production jumped by nearly 500,000 barrels per day in June, so what can we expect in July? I would say certainly higher. That 450,000 bpd in June was an average, and I would bet good money that in the beginning of June the figures were lower than at the end of June--the end of June then likely higher than 450,000 bpd. Of course, that's assuming that those figures are accurate in the first place. Quote Share this post Link to post Share on other sites
Justin Hicks + 162 JH July 11, 2018 Probably another 75,000- 100,000 in July and August Quote Share this post Link to post Share on other sites
Marina Schwarz + 1,576 July 12, 2018 It's actually 400,000, the latest OPEC report said. 1 Quote Share this post Link to post Share on other sites