OPEC's crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi Arabia boosted output.
’s crude oil production edged up by 3,000 barrels per day bpd in March compared to February as Iran and Saudi Arabia slightly boosted output while Iraq continued to produce more than it is expected to. Crude oil production from all 12
’s Monthly Oil Market Report MOMR showed on Thursday. Iran, Saudi Arabia, Gabon, and Kuwait slightly increased their respective oil output, while production in Nigeria, Iraq, and Venezuela dropped, according to secondary sources that ’s second-largest producer, Iraq, while reducing some output, was still pumping well above its pledged volumes. Iraq pumped nearly 200,000 bpd more than its pledge to keep production at 4 million bpd, as it only reduced output by 23,000 bpd compared to February, according to the secondary sources in
Crude Oil Production Output March Saudi Arabia Iran Libya Venezuela
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