OPEC slashed its crude output in June to a three-decade low, according to an S&P Global Platts survey, as the bloc and its allies, including Russia, continued their campaign to tighten the oil market in its emergence from the depths of the coronavirus crisis. Receive daily email alerts, subscriber notes & personalize your experience. Register Now OPEC’s 13 members pumped 22.31 million b/d, the organization’s lowest collective output since September 1990, when the launch of the first Gulf War nearly wiped out crude oil production in Iraq and Kuwait, the survey found. Including its 10 partners in a historic supply accord, the alliance known as OPEC+ delivered 106% of its committed production cuts, according to Platts calculations, a rise from May’s 85%. […]