« Does the Obamacare Investment Surtax Apply to Capital Gains? | Main | Americans Seek Air Travel Security »
Platts Survey: OPEC Pumps 29.31 Million Barrels of Oil Per Day in February
March 9, 2010The Organization of Petroleum Exporting Countries' (OPEC) crude oil production rose to 29.31 million barrels per day (b/d) in February, an increase of 60,000 (b/d) from an estimated January level of 29.25 million b/d, according to a just-released Platts survey of OPEC and oil industry officials and analysts. Excluding Iraq, which does not participate in the oil producing group's production agreements, output from the 11 members bound by quotas (OPEC-11), under a 24.845 million b/d collective target, dipped by 10,000 b/d to 26.75 million b/d in February. Full release.