OPEC Output Flat Ahead Of Planned 600,000 Bpd Boost ...Middle East

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OPEC kept its crude oil production essentially flat in April, just before the OPEC+ alliance is set to raise output by 600,000 barrels per day (bpd) in May, a Bloomberg survey showed on Tuesday. The 13 members of OPEC saw their total production at 25.27 million bpd in April, which was around 50,000 bpd lower compared with March, as a reduction in oil supply from Libya, exempted from the cuts, were mostly offset by rising production from another OPEC member exempted from the OPEC+ pact, Iran, the Bloomberg survey found.   Crude oil production…

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