According to secondary sources, total OPEC-15 crude oil production averaged 32.56 million barrels per day (mb/d) in August, an increase of 278,000 b/d over the previous month.

Russian oil output rose by 150,000 barrels per day (bpd) in July from a month earlier

Participating countries in the Declaration of Cooperation to cut oil output have achieved a conformity level of 121 percent in June 2018.

OPEC oil production has increased by 173,000 barrels per day in June.

Saudi Arabia has told OPEC it pumped 10.488 million barrels per day (bpd) of crude oil last month, an increase of 458,000 bpd from the level it said it produced in May

US President Donald Trump says Saudi Arabia’s King Salman has agreed to his request to increase the kingdom’s oil output in what is already seen as part of Washington’s aggressive agenda against Iran.

he decision by OPEC and non-OPEC countries, participating in the oil output cut deal is a compromise between some countries which wanted to increase production, Francis Perrin, Senior Fellow at the OCP Policy Center (Rabat, Morocco) and Senior Research Fellow at the French Institute for International and Strategic Affairs (IRIS, France), told Trend.