As oil prices rise on market balance sentiment, the Norwegian government said oil production in April was 3 percent higher than expected. The Norwegian Petroleum Directorate published preliminary production figures for April , showing oil production averaged 1.63 million barrels per day, about 3 percent higher than the agency had expected. “The oil production is about 4 percent above the oil production in April last year,” the NPD said in a statement. An NPD representative said in response to email questions the increased output was a mixed bag, as some fields produced less and some more. There was no comment offered on the influence of crude oil prices. For nearly two years, crude oil markets have been pressured […]