OPEC

OPEC Production in April Averaging 15.2 to 15.3mn b/d, Says Yasni 

The Saudi Oil Minister Shaikh Ahmad Zaki Yamani, has stated that OPEC's crude oil production in April is averaging 15.2 to 15.3mn b/d, well below the 16mn b/d ceiling.

Shaikh Yamani, who is chairman of OPEC's Ministerial Executive Council, the body responsible for verification and control of production and prices in member countries, told Reuters in Bahrain on 24 April that the April figure was "well...