[OIL PRODUCTION] OPEC to pump 32 mn BPD in 2008. International Energy Agency

OPEC is expected to pump 32 million barrels per day of oil in 2008, the U.S. Energy Information Administration said on Tuesday, down 50,000 BPD from the agency's prior forecast in April.

The agency also lowered its forecast for non-OPEC oil production to 49.74 million BPD from the April forecast of 49.83 million BPD.

Source: India Economic Times

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