Oil production from OPEC fell 550,000 b/d from February to 29.56mn b/d in March 2014 - its lowest level since mid-2011, according to the latest Platts survey of OPEC and oil industry officials and analysts. The decline followed February production of 30.11mn b/d and was mainly attributable to insurgent attacks which shut a key export pipeline in Iraq, and a renewed downward swing in Libyan production.
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