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OPEC output falls in April due to Libyan crisis: Reuter’s survey

Posted on 04 May 2011

The Organisation of Petrol Exporting Countries (OPEC) output fell further in April as fighting in Libya and field maintenance in Angola cut supplies, despite extra oil from Saudi Arabia and Nigeria, a Reuter’s survey found.

According to the survey, which interviewed oil companies and OPEC officials and analysts, the average production of 12 members of the Organization (OPEC) was at 28.42 million barrels per day last month, down from 28.48 million barrels per day in March……………………………………….Full Article: Source


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