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Opec-Plus' Crude Oil Output Posts Tiny Gain in April

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  • Crude production by the 22-member group ticked up 50,000 barrels per day in April to reach 41 million b/d.
  • Output by the 18 members with quotas was virtually flat at 34.13 million b/d.
  • Compliance remained poor, with the 18 surpassing the group's adjusted target by 365,000 b/d.

Crude oil production by Opec-plus last month amounted to 41 million b/d, a small gain of 50,000 b/d over March, according to a preliminary assessment by ʶԳ.

Topics:
Oil Supply, Crude Oil, Opec-Plus Supply, Opec/Opec-Plus
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