OPEC oil data – Apr 2018

Published at 10:09 16 May 2018 by

We estimate that OPEC production fell m/m by 0.17 mb/d to 31.79 mb/d in April, the lowest total since May 2015 (based on the current 14 OPEC members). Compliance with the OPEC/non-OPEC deal reached another record high of 182%.Iranian production was broadly flat m/m at 3.79 mb/d in April, but US Pres…

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