Saudi oil output hits record
Saudi Arabia Khurais oilfield
OPEC’s secondary sources put Saudi Arabia’s oil production in July at 10.48 bopd, the organisation’s monthly report revealed. During the hot summer months, the country resorts to burning oil for power generation to drive its many air-conditioning units. In 2015, around 900,000 bopd were used for electricity in summer, with the yearly average hitting 600,000 bopd.
In total, OPEC production in July came out at 33.11 million bopd, up 46,000 bopd.
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