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OPEC Output Slumps as Conflict Curbs Saudi Flows, Survey Shows
Source: Bloomberg
Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarTransportation & Logistics
OPEC crude production fell in August, ending a two-month recovery, according to a Bloomberg survey. The decline was led by Saudi Arabia, where threats to both oil-export routes constrained output, potentially tightening global crude supply and supporting oil prices.
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