crude production april 2015
Saudi Arabia is OPECâs (Organization of the Petroleum Exporting Countries) largest crude oil producer. It set a record by producing 10.3 MMbpd (million barrels per day) of crude oil in March 2015âcompared to its previous peak production of 10.2 MMbpd in August 2013.Bloomberg estimates suggest that Saudi Arabiaâs produced 10 MMbpd of crude oil in April 2015.OPEC produced 31.3 MMbpd in April 2015âcompared to the quota of 30 MMbpd. OPEC has produced more than the quota of 30 MMbpd for 11 months.Iraq is OPECâs second largest oil producer. It also produced 3.66 MMbpd and exported 3.077 MMbpd of crude oil in April 2015.PEC produced 31.3 MMbpd in April 2015âcompared to the quota of 30 MMbpd. OPEC has produced more than the quota of 30 MMbpd for 11 months. Iraq is OPECâs second largest oil producer.