en.Wedoany.com Reported - A Reuters survey released on August 10 showed that crude output from 11 OPEC member countries rose by 1.17 million barrels per day (bpd) in July to 19.85 million bpd. Production continued to recover from the May low, with the main gains coming from Gulf producers restarting supplies that had been shut in due to regional conflict and disrupted transport through the Strait of Hormuz.

Iraq recorded the largest output increase among OPEC members in July, followed by Kuwait. Iranian crude exports also recovered somewhat, but shipments slowed again after the United States re-tightened its blockade of Iranian ports in mid-July. Saudi Arabia's supply edged lower during the month.

Outside the Gulf region, Libya also saw higher crude output in July. The country's oil shipments were not directly affected by the transport disruptions in the Strait of Hormuz, making it another source of supply growth for OPEC during the month.

OPEC crude output fell to its lowest level in May since Reuters began tracking such data in 2000, before recovering for consecutive months as some Gulf supplies returned. The UAE exited OPEC on May 1 and was therefore excluded from the production figures for the 11 member countries.

Seven OPEC and non-OPEC producers, including Saudi Arabia, Iraq, Kuwait, and Russia, have recently been adjusting output targets and plan to add approximately 188,000 bpd starting in September, completing the phased rollback of voluntary production cuts introduced in 2023. Due to regional conflict and shipping constraints, the pace of actual output recovery remains slower than the scheduled quota adjustments.

This survey is based on vessel tracking data, oil company information, OPEC sources, and industry consultancy data, with July output figures reflecting survey estimates.