OPEC Oil Production Inched Higher in March ...Middle East

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OPEC Oil Production Inched Higher in March
source : OILPRICE ( Middle East ) () 44
OPEC’s crude oil production edged up by 3,000 barrels per day (bpd) in March compared to February as Iran and Saudi Arabia slightly boosted output while Iraq continued to produce more than it is expected to. Crude oil production from all 12 OPEC members – including Iran, Libya, and Venezuela which are exempted from the OPEC+ cuts – averaged 26.60 million bpd in March, up by 3,000 bpd from February, OPEC’s Monthly Oil Market Report (MOMR) showed on Thursday. Iran, Saudi Arabia, Gabon, and Kuwait slightly increased…

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