Dubai – Mubasher: The UAE’s average oil output declined 0.1% month-on-month to 2.87 million barrels per day (bpd) in April.
The average oil production per day also decreased by 2.1% quarter-on-quarter to 2.8 million bpd, according to the monthly report of the Organization of the Petroleum Exporting Countries (OPEC).
The average per day oil output tumbled 3.9% year-on-year in 2017, reaching 2.97 million bpd.
In April, Dubai Crude oil price reached $62.76 per barrel (pb), while OPEC crude price recorded $68.43 pb.
