Saudi Arabia: OPEC minimum oil production increase during March
RIYADH, April 17 (NNN-AGENCIES) — OPEC oil production increased by just 57,000 barrels per day (bpd) in March from February, as African members’ struggles to pump more crude partially offset increases at the core OPEC members of the Middle East.
All 13 OPEC members—including Libya, Iran, and Venezuela which are exempted from the OPEC+ deal—pumped 28.56 million bpd in March, up by just 57,000 bpd from February, according to OPEC’s Monthly Oil Market Report, (MOMR) published this week.