Between the breakdown of the previous Opec+ output agreement on 6 March and the start of the new deal from 1 May those Opec producers that could, ramped up exports.
Saudi Arabia produced a record 11.82mn b/d for April (MEES, 8 May). But these bumper volumes were disproportionately focused on Europe and to a lesser extent the US. (CONTINUED - 803 WORDS)
