| OPEC crude output rose for the first time in six months as rising Libyan production outpaced a cut by Saudi Arabia, which has implemented a program aimed at curbing excess supply and supporting prices, a Bloomberg survey showed.
Output in the 12-member Organization of Petroleum Exporting Countries increased 97,000 barrels, or 0.3 percent, to an average 30.699 million barrels a day this month from a revised 30.602 million in January, the survey of oil companies, producers and analysts showed. The January total was revised 123,000 barrels a day higher, mostly because of a change to the Kuwaiti production estimate...............................................Full Article: Source
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