OPEC kept crude production steady in April, ahead of a planned revival of supplies scheduled to begin this month. The Organization of Petroleum Exporting Countries pumped an average of 25.27 million barrels a day last month, about 50,000 a day less than in March, according to a Bloomberg survey. A setback for Libyan exports was largely offset by further increases from Iran. The group and its allies -- which slashed production when the pandemic struck last year -- are gradually restoring about a quarter of their halted supplies over the next three months, to satisfy a recovery in global demand. They’ll phase in just ... (full story)