May 2009
News & Resources

Industry at a glance

March global oil supply fell by 380,000 bpd to 83.04 million bpd, as OPEC members continued to fall in line with the group’s target output levels. OPEC’s output stands 720,000 bpd above a 24.9 million-bpd target agreed upon at the group’s March 15 meeting.

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