| Crude-oil production from the Organization of Petroleum Exporting Countries has ramped up in February to its highest level since October 2008 as Saudi Arabia boosted output to assuage fears over Iranian supply disruptions.
Crude production from the 12 members of the oil exporters' group was up 95,000 barrels a day at 31.260 million barrels a day in February, according to a Dow Jones Newswires survey of industry sources and analysts.................................................Full Article: Source
|