EIA: May OPEC Oil Output 29.335 Million B/D, April Revised Down

NASDAQ – The U.S. Energy Administration revised downward its count of Saudi Arabian crude oil production in April and estimates the Organization of Petroleum Exporting Countries produced 29.335 million barrels a day in May.

The revision by the EIA, the statistical and analysis wing of the Department of Energy, comes one day after the disclosure of a decrease in Saudi Arabian oil output in The Wall Street Journal. In an interview, Saudi Oil Minister Ali Naimi said the world’s No. 1 oil producer pumped 9.1 million b/d in April. Last month, the EIA said Saudi Arabia produced 9.6 million b/d in April.
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