Opec oil output this month has been the highest in more than three years.
Opec oil output this month has been the highest in more than three years, and the organisation continues to produce above the ceiling set at its December meeting in an effort to calm an oil market worried about geopolitical tensions involving Iran.
Crude oil surged to the highest level in 17 months after March data showing employers in the US, the world's biggest oil consumer, added the most jobs in three years, bolstering optimism that fuel demand will climb.