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home / news releases / USO - OPEC April Production Data


USO - OPEC April Production Data

The data below was taken from the OPEC Monthly Oil Market Report. All data is through April 2019 and is in thousand barrels per day. The data is crude only, that is it does not include condensate.

Total OPEC production hardly moved in April, down a mere 3,000 barrels per day.

Algeria peaked in 2008 and has been in slow decline ever since.

Angola is also in slow decline.

The Republic of the Congo, not the DRC, is the newest member of OPEC but they hardly produce enough to count.

Iran took another hit

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Stock Information

Company Name: United States Oil Fund
Stock Symbol: USO
Market: NYSE

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