OPEC August oil output rises for second month as cut eased - survey

OPEC oil output has risen by about 1 million barrels per day (bpd) in August, a Reuters survey found, as the group and allies eased record oil supply curbs as the global economy and demand began to recover from the coronavirus pandemic.An easing of lockdowns and lower supply from OPEC, Russia and allies, known as OPEC+, have helped oilclimb above $46 a barrel from April's 21-year low of below $16."Now we are on better ground, but a full recovery is not there yet," said an OPEC delegate.