OPEC’s April Production Falls: Survey ...Middle East

  Julianne Geiger OPEC’s crude oil production fell last month to a level not seen in nearly a year, a Bloomberg survey showed on Tuesday. OPEC’s crude oil production fell 310,000 barrels per day in April to just 28.8 million bpd, the survey said. The group had said at the end of March that it would cut production by another 1.6 million bpd starting in May, but much of April’s small decrease came in the form of unintentional production cuts, with Iraq’s decreased production for the month accounting for about 80% of the…

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