TASS, April 13. OPEC countries reduced oil production by 86,000 barrels daily to 28.797 mln barrels per day, the Organization of Petroleum Exporting Countries said in its April report.
OPEC member-states (except Iran, Libya and Venezuela) participating in OPEC+ deal lowered production by 124,000 barrels per day to 24.374 mln barrels daily. This is 1.042 mln barrels a day below the deal arrangements.
According to the earlier approved plan, OPEC+ countries agreed to slash oil production by 2 mln barrels per day vs. the level in August 2022 from November 2022.