Oil production from members of the Organization of the Petroleum
Exporting Countries rose by 40,000 barrels a day in March from a month
earlier, to 32.38 million barrels a day, according to a Platts survey
released late Monday. Platts attributed the increase to higher output
from Iran, which climbed by 110,000 barrels a day to 3.23 million
barrels a day. Iraqi output also rose by 30,000 barrels a day to 4.16
million barrels a day, according to the survey of OPEC and oil industry
officials and analysts conducted by Platts.
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