OPEC+ May crude output tumbles in first month of expanded voluntary cuts: Platts survey

To get Platts OPEC+ survey sooner, join Platts Dimensions Pro . OPEC and its allies have begun accelerating their tightening of the oil market, with the group’s crude oil output shrinking 670,000 b/d in the first month of expanded voluntary cuts in May, according to the latest Platts survey by S&P Global Commodity Insights. This included a drop of 440,000…