UAE to pump about 2.5m bpd of oil in July

The United Arab Emirates is on track to produce around 2.5 million barrels per day (bpd) in July, down from a high so far this year of 2.6 million bpd in June, an industry source told Reuters on Monday.     

"Production was a record high (this year) in June of around 2.6 and July will also around the 2.5 range but its too early to say what it will be," the source told Reuters on condition of anonymity.