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On April 28, crude oil production from OPEC members increased by more than 2 million barrels per day in the month of April. This is the highest level of production for OPEC since December 2018 and comes just a few days before the implementation of the agreement on oil production cuts set to begin in May.

OPEC Oil Exports Increase

On April 28, crude oil production from OPEC members increased by more than 2 million barrels per day in the month of April. This is the highest level of production for OPEC since December 2018 and comes just a few days before the implementation of the agreement on oil production cuts set to begin in May.

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