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Angola and Iraq Lead OPEC’s Oil Production Decline in March, According to Reuters Survey

© Reuters. The emblem of the Organization of the Petroleum Exporting Countries (OPEC) at the organization’s headquarters in Vienna. Photo from Reuters archive

LONDON (Reuters) – A Reuters survey showed on Friday that oil production from the Organization of the Petroleum Exporting Countries (OPEC) fell in March due to maintenance work at oil fields in Angola and the disruption of part of Iraq’s exports, adding to the impact of the strict adherence of major producers to the production quotas included in the contract. The OPEC + alliance agreement to reduce supplies.

The survey showed that OPEC countries pumped 28.90 million barrels per day this month, down 70 thousand barrels per day compared to February.

Production fell by more than 700 thousand barrels per day compared to September.

(Reporting by Ahmed Ghaddar; Reporting by Marwa Gharib for The Arabic Bulletin; Editing by Yasmine Hussein)

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