OPEC production rises again to above its output ceiling
World BusinessAug 10, 2017
VIENNA (AP) -- Production of crude oil across all OPEC countries rose again in July, to above the level the cartel has agreed would be the upper limit _ and above the estimated level of global demand.The cartel said Thursday in a market report that its countries' production rose for a third month in July, by 173,000 daily barrels, to an average of 32.9 million barrels a day.That puts it above the 32.5 million barrels a day that the group had agreed in November would be their limit. The cartel ag