Clearly, OPEC Lost Control Of Oil In March
Russia oil production reached a new post-Soviet record in March following strong production levels in January and February
Non-OPEC global oil supply increased in March and is now expected to average 51.53 million barrels per day (mb/d) for 2010, which is a 0.50 mb/d increase over 2009 according to Hellenic Shipping News (HSN).
It is also an increase of 0.10 mb/d to the 2010 forecast from just a month ago.
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