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OPEC March oil output falls in survey led by Angola, Libya drops

Posted on 02 April 2014

OPEC crude oil production dropped in March, led by declines in Angolan and Libyan output, a Bloomberg survey showed. Production by the 12-member Organization of Petroleum Exporting Countries slipped by 117,000 barrels a day to an average 30.293 million from 30.41 million in February, according to the the survey of oil companies, producers and analysts.
Last month’s total was revised 533,000 barrels a day higher because of changes to the Saudi Arabian, Iranian, Iraqi and Nigerian estimates………………………….Full Article: Source


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