Baku, Azerbaijan, April 13
By Aygun Badalova - Trend:
OPEC oil production in March increased by 15,000 barrels per day to 32.25 million barrels per day, according to OPEC's April Oil market Report.
Crude oil output increased mostly from Iran, Iraq and Angola, while production decreased in UAE, Libya and Nigeria, the report said.
Iran's oil production, according to the report, in March increased by 139,000 barrels per day to 3.291 million barrels per day.
Oil production in Saudi Arabia in March remained stable at 10.12 million barrels per day.
The share of OPEC crude oil in total global production was unchanged at 33.7 percent in March compared with the previous month.
The report said that the global oil supply increased by 0.17 million barrels per day in March 2016 compared with the previous month to average 95.68 million barrels per day.
Non-OPEC supply increased by 0.16 million barrels per day.
Non-OPEC oil supply is expected to decrease by 0.73 million barrels per day to 56.36 million barrels per day in 2016.