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Email this article: OPEC crude oil output rises to 31.39 million b/d in March
Posted: Fri April 6, 2012 10:54 am
INTERNATIONAL. Increase of 120,000 b/d from an estimated 31.27 million b/d in February; Iranian shipments slow, but production gains from Saudi Arabia, Libya, Iraq.
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INTERNATIONAL. If Russia's "pivot to Asia" results in Moscow and Beijing trading oil between them in a currency other than the dollar, that will represent a major change in how the global economy operates and a marked loss of power for the U.S. and its allies."
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