Global crude oil supply fell in April, after a surprising revision upwards to the March totals, of approximately 200 kbpd. Volatility in the data is currently coming out of the North Sea. This will continue as Norway is expected to see production falls when the next few months of data is reported. Globally, oil production stood at 73.552 mbpd in April. On an annual basis, through the first 4 months of 2010, global crude oil production is averaging 73.458 mbpd. The current peak year for global crude oil production remains 2005, at 73.719 mbpd.