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OPEC Output Falls 60kbpd In April To 28.16mbpd: Kpler

OIL

OPEC crude oil output is set to fall by 60kbpd to 28.16mbpd this month, led by declined from Nigeria and Iraq, Kpler said.

  • Nigerian output declined by 240kkbpd to 1.05mbpd, and Iraqi production dropped by 230kbpd to 4.2mbpd.
  • Saudi Arabia increased output by 360kbpd to 10.6mbpd.

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