Opec supply could rise by 700,000 bpd in May
Thursday, May 22 - 2008 at 10:59
Opec oil supply in May is expected to rise by 700,000 barrels per day due to higher output from Nigeria and Saudi Arabia, an industry consultant told Reuters. Conrad Gerber of tanker tracker Petrologistics said all 13 Opec members are expected to pump 32.4 million bpd this month compared with a revised 31.7 million bpd in April.
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Jeff Florian, Senior ReporterThursday, May 22 - 2008 at 10:59 UAE local time (GMT+4)
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