OPEC's monthly report: OPEC output unchanged at 30.26 million barrels per day in May

Market news

3 June 2019

OPEC's monthly report: OPEC output unchanged at 30.26 million barrels per day in May

Iran's oil output fell 230,000 barrels per day to 2.32 million barrels per day in May due to the negative impact of the U.S. sanctions
Saudi Arabia's output rose 170,000 barrels per day to 9.96 million barrels per day in May

U.S. ISM manufacturing index likely to drop to 52.5 in May - TDS

Eurozone's money markets now price in around 50% chance of 10 bps ECB rate cut by year-end versus 40% last week - Reuters

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