(EnergyAsia, April 26 2011, Tuesday) — Crude oil production by the Organization of Petroleum Exporting Countries declined by around 2% on-month to 29.17 million b/d in March, said energy media group Platts. There are signs that the cartel’s output could continue declining in April, with Iran seen cutting production. Saudi Arabia, the holder of the world’s biggest…
MARKETS: OPEC’s March crude production down, further decline seen in April
Posted on April 26, 2011 by EnergyAsia