Oil lower in Asian trade after a jump in «OPEC» production

The price of oil futures fell in early Asian trading today, ending a series of highs earlier this week, after the organization «OPEC» said that production jumped in March last, increasing concern regarding the oversupply in the market.

She said «OPEC» The production last month increased by 810 thousand barrels per day, for up to 30.79 million barrels per day, the equivalent of one-third of the global supply.

By at 01:20 GMT, fell decades «Brent» to the nearest maturity of 48 cents to $ 63.50 a barrel, after it recorded in the previous session to $ 64.95, the highest level this year.

And landed contracts «US crude» 43 cents to US $ 56.28 a barrel, after also recorded in the previous session, its highest level this year at $ 57.42.

And puts the decline in prices on at least a temporary end to the upward trend in which «Brent» prices jumped more than 16 percent since the beginning of this month, due to the conflict in the Middle East and low US oil production.