OPEC’s crude oil production fell to 28.797 million bpd, according to OPEC’s latest edition of its Monthly Oil Market Report. According to OPEC’s secondary sources, OPEC’s 13 members produced 86,000 fewer barrels per day of crude oil in the month of March compared to February, with Angola accounting for the largest decrease of 64,000 bpd.
Other OPEC members who saw declining production include Algeria, Equatorial Guinea, Iran, Iraq, Libya, Nigeria, and the UAE. The second biggest production drop was seen in Iraq, which had…OPEC’s Crude Oil Production Falls In March
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