OPEC nations pumped an average of 18.82 million barrels of oil per day in May. This figure represents a substantial 34% decrease compared to February’s production levels, prior to the outbreak of conflict and disruptions. The referenced conflict and disruptions pertain to the war and the blockage of the Strait of Hormuz. This significant reduction highlights the ongoing impact of geopolitical instability on global oil supply. The decrease in production underscores the challenges facing the oil market. Analysts are closely monitoring OPEC’s output for signs of potential adjustments in response to evolving global demand and geopolitical factors. The data provides a snapshot of the current state of oil production within the organization.