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OPEC reports marginal increase in crude oil production in Ma 17 hours ago

OPEC reports marginal increase in crude oil production in March

OPEC's crude oil production rose by 3,000 barrels per day (bpd) in March compared to February, with Iran and Saudi Arabia seeing slight boosts while Iraq exceeded its expected output levels. According to OPEC's Monthly Oil Market Report (MOMR), all 12 OPEC members, including Iran, Libya, and Venezuela exempt from OPEC+ cuts, averaged 26.60 million bpd in March, up 3,000 bpd from February. While Iran, Saudi Arabia, Gabon, a... Read more

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