{"id":14205,"date":"2025-05-15T05:29:01","date_gmt":"2025-05-15T05:29:01","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=14205"},"modified":"2025-05-15T05:29:01","modified_gmt":"2025-05-15T05:29:01","slug":"opec-crude-production-hits-26-7-mbd-in-april","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/14205\/","title":{"rendered":"OPEC crude production hits 26.7 mbd in April"},"content":{"rendered":"<div class=\"entry-content\" itemprop=\"description\"><p><span class=\"pre-content-text\"><a style=\"color: #0038a8;\" href=\"https:\/\/roydadnaft.ir\/English\/\">RoydadNaft &#8211; <\/a><\/span>\u00a0Members of the Organization of the Petroleum Exporting Countries (OPEC) produced a combined 26.71 million barrels per day (bpd) of oil in April, according to the group\u2019s latest report.<\/p>\n<div class=\"item-body\">\n<div class=\"item-text\">\n<p dir=\"ltr\">OPEC\u2019s May report showed that the 12 member countries\u2019 April output fell by 62,000 bpd compared to March.<\/p>\n<p dir=\"ltr\">Iran\u2019s oil production declined by 30,000 bpd to 3.305 million bpd, maintaining its position as OPEC\u2019s third-largest producer after Saudi Arabia and Iraq. Iran\u2019s average production in 2024 was 3.257 million bpd, up from 2.884 million bpd in 2023.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.shana.ir\/d\/2025\/05\/14\/4\/476602.jpg?ts=1747224684000\" alt=\"OPEC crude production hits 26.7 mbd in April\" width=\"655\" height=\"524\" \/><\/p>\n<p dir=\"ltr\">Saudi Arabia led production with 9.01 million bpd, followed by Iraq at 3.964 million bpd and Iran at 3.305 million bpd in April 2025.<\/p>\n<p dir=\"ltr\">OPEC+ members produced 14.206 million bpd in April, down 45,000 bpd from March\u2019s 14.25 million bpd.<\/p>\n<p dir=\"ltr\">Combined crude output from OPEC and its allies fell to 40.916 million bpd in April, a decrease of 106,000 bpd from March\u2019s 41.022 million bpd.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.shana.ir\/d\/2025\/05\/14\/4\/476603.jpg?ts=1747224750000\" alt=\"OPEC crude production hits 26.7 mbd in April\" width=\"656\" height=\"522\" \/><\/p>\n<p dir=\"ltr\"><strong>Oil prices decline in April<\/strong><\/p>\n<p dir=\"ltr\">Iran\u2019s heavy crude oil price dropped by $5.03 (6.7%) in April compared to March, settling at $69.73 per barrel. In March, the price was $74.76 per barrel. The 2024 average price for Iranian heavy crude was $83.21 per barrel.<\/p>\n<p dir=\"ltr\">OPEC\u2019s basket price also fell to $68.98 per barrel in April, down $5.02 (6.8%) from March 2025.<\/p>\n<p dir=\"ltr\"><strong>Global oil demand forecast adjusted\u00a0<\/strong><\/p>\n<p dir=\"ltr\">OPEC\u2019s latest monthly report (March) projects global crude oil demand in 2025 to decrease by 50,000 bpd. Total world oil demand for 2025 is forecast at 105 million bpd.<\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.shana.ir\/d\/2025\/05\/14\/4\/476604.jpg?ts=1747224788000\" alt=\"OPEC crude production hits 26.7 mbd in April\" width=\"649\" height=\"374\" \/><\/p>\n<\/div>\n<\/div>\n<div class=\"post-date no-social-btn post-updated\">Updated on<time class=\"updated dt-updated\" itemprop=\"dateModified\" datetime=\"2025-05-15T05:29:01+00:00\"> 15 May 2025<\/time><\/div><\/div>","protected":false},"excerpt":{"rendered":"Members of the Organization of the Petroleum Exporting Countries (OPEC) produced a combined 26.71 million barrels per day (bpd) of oil in April, according to the group\u2019s latest report. \u00a0","protected":false},"author":1,"featured_media":14206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[47,46,36,19,16,1,35],"tags":[],"services":[],"class_list":["post-14205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-international","category-lastnews","category-news","category-oil","category-opec","category-topnews"],"_links":{"self":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/14205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/comments?post=14205"}],"version-history":[{"count":0,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/posts\/14205\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media\/14206"}],"wp:attachment":[{"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/media?parent=14205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/categories?post=14205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/tags?post=14205"},{"taxonomy":"services","embeddable":true,"href":"https:\/\/roydadnaft.ir\/English\/wp-json\/wp\/v2\/services?post=14205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}