OPEC’s crude production stayed steady last month, leaving the group’s latest cutbacks incomplete. The Organization of Petroleum Exporting Countries pumped 26.81 million barrels a day in April, about 50,000 a day less than the previous month, according to a Bloomberg survey. Minor increases by Libya and Iraq were offset by reductions in Iran and Nigeria. As a result, supply curbs agreed by the group and its allies at the start of the year to avert a surplus are still unfinished. Iraq and the United Arab Emirates continue to pump several hundred thousand barrels a day above their agreed limits. Nonetheless, output ... (full story)