Monday, June 4, 2007

OPEC Crude Oil Production Fell 0.5 Percent in May, Bloomberg Survey Shows

(Bloomberg) -- Crude-oil production in May by
members of the Organization of Petroleum Exporting Countries
fell 0.5 percent, led by declines in Nigeria and Iraq, a
Bloomberg News survey showed.

Output slipped 150,000 barrels to an average 30.01 million
barrels a day, according to the survey of oil companies,
producers and analysts. Production in April was revised to
30.155 million barrels a day from 30 million estimated last
month.


Read more at Bloomberg Energy News

No comments: