OPEC March oil output falls 230,000 bpd month/month - Reuters
|According to a recent survey by Reuters, output from all 13 members of the Organization of the Petroleum Exporting Countries fell by 230,000 bpd in March from February's revised level.
- February's production was revised up by 50,000 bpd because Saudi output was higher than originally thought, while Nigerian production was lower
- Oil supply-cut targets achieve 95 pct of pledged reductions in march (original feb compliance estimate 94 pct)
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