OPEC Monthly Oil Output At Highest Since Nov. 2012

MarketWatch Pulse

Oil production from the Organization of the Petroleum Exporting Countries climbed to their highest level since Nov. 2012, and output from Saudi Arabia topped 10 million barrels a day, according to a Platts survey of OPEC and oil industry officials and analysts released Friday. OPEC production rose by 210,000 barrels per day in April from a month earlier, to 30.93 million barrels per day. The survey primarily cited an increase in production from several member countries. Saudi Arabia raised output by 100,000 barrels a day.

Copyright © 2015 MarketWatch, Inc.

Continue Reading Below