OPEC+ Seen Sticking To Current Production Arrangement ...Middle East

OILPRICE - Economy
OPEC+ Seen Sticking To Current Production Arrangement
OPEC+ will most likely continue boosting oil production at the current rate of around 400,000 bpd at its next meeting. Citing unnamed sources close to the extended cartel, Reuters reported that OPEC will likely shake hands on expanding total output by some 432,000 bpd when it meet on Friday, May 6, with the increase to take effect in June. The production increase plan has been in place since last year when OPEC and its non-member partners, led by Russia, agreed to gradually restore their combined oil production to pre-pandemic levels. However,…

Hence then, the article about opec seen sticking to current production arrangement was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( OPEC+ Seen Sticking To Current Production Arrangement )

Apple Storegoogle play

Last updated :

Also on site :