Report: OPEC Production Fell in March

Output last month from the world oil cartel`s 11 members, including Iraq, fell last month…

‘Even with oil prices well above $60/barrel, OPEC doesn`t appear to be trying to make up for the fall in Nigerian volumes, which supports the view that OPEC-10 production is constrained around the level of the 28 million b/d official ceiling,’ wrote John Kingston, global director of oil at Platts.
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