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Wednesday, April 12, 2017

OPEC oil production drops in March, but U.S. shale output surges

http://www.marketwatch.com/story/opec-oil-production-drops-in-march-but-us-shale-output-surges-2017-04-12 Some OPEC officials have also expressed concerns over the commitment of Russia—the biggest non-OPEC participant in the production cuts—to pursue the effort. . . But the OPEC report said Russia only carried cuts of 130,000 barrels a day in March—compared with a pledged 300,000 barrels a day

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