OPEC Oil Supply Surges in April Ahead of New Cut

OPEC oil supply in April is at its highest since December 2018, a company that tracks oil shipments said on Tuesday. This is as producers pump at will before a new supply-limiting pact takes effect in May. The month-on-month increase is more than 2 million bpd, Daniel Gerber, chief executive of Geneva-based Petro-Logistics, said. He...

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