OPEC April oil output falls for eighth month

OPEC oil supply fell in April for an eighth consecutive month due to disruptions to Nigerian output and as members implemented a deal to prop up prices, a Reuters survey showed on Friday.

Supply from the 11 members of the Organization of the Petroleum Exporting Countries bound by output targets declined to 25.52 million barrels per day (bpd) from a revised 25.63 million bpd in March, according to the survey of oil firms, OPEC officials and analysts.