• OPEC oil production drops by 534k bpd to 30.022 million in March due to OPEC+ cut deal, Venezuela sanctions - OPEC monthly oil report

Market news

10 April 2019

OPEC oil production drops by 534k bpd to 30.022 million in March due to OPEC+ cut deal, Venezuela sanctions - OPEC monthly oil report

  • Members bound by output cuts deal met 155% compliance in March
  • Global oil inventories set to contract sharply this quarter


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