OPEC survey shows March output fell 110K bpd ...Middle East

The influential secondary sources survey from Reuters has March OPEC output down 110K bpd despite a scheduled increase in production. That dip might help to explain why the organization accelerated output, or thought it could.

The survey showed Saudia Arabia, Iraq and the UAE were all at or slightly under quota.

This article was written by Adam Button at www.forexlive.com.

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