International crude marker Dated Brent traded lower inrnJune, falling from $62.90/barrel June 1 to $60.21/brnJune 22 before jumping to $61.675/b June 23. OPECrncrude output climbed to 31.11 million b/d in May fromrn30.93 million b/d in April, an increase of 180,000 b/drnand the group’s highest monthly volume since Octoberrn2012, according to a Platts survey of OPEC and oilrnindustry officials and analysts. Deadlines surrounding arnpotential Greek default and Iran’s nuclear negotiationsrnwith the P5+1 group of international powers also loomedrnover the market.
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