OPEC oil output rises further in July led by Gulf producers, Reuters survey shows

LONDON: OPEC oil output rose further in July, a Reuters survey found, as Gulf members restored supplies that were shut due ‌to the ⁠Iran ⁠war and effective closure of the Strait of Hormuz.

Output by the ​11-member Organization of the Petroleum Exporting Countries rose by 1.17 million barrels ​per day month-on-month to 19.85 million bpd, the survey found.