CNBC | OPEC oil production jumps in May despite cartel's output agreement as Iraq, Libya pump more CNBC Oil production across OPEC rose by about 336,100 barrels per day to 32.1 million bpd in May. The gains were led by big increases from Libya, Nigeria, and Iraq. The increase came the same month OPEC and other exporters extended a deal to cut output into ... Oil rises on Saudi pledge to make real supply cuts Oil settles higher as market looks ahead to fresh data for guidance Oil Rises a Third Day as US Crude Stocks Seen Falling Again |