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OPEC+ is set to move forward with its plan to boost oil supplies and gradually unwind voluntary production cuts, following several delays due to market disruptions. 
OPEC+ confirmed that the group of eight countries (Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman) that implemented additional voluntary adjustments in 2023 reiterated their commitment to the decision made in December.
Logo ofOPEC
OPEC+ is set to move forward with its plan to boost oil supplies and gradually unwind voluntary production cuts, following several delays due to market disruptions.
OPEC+ confirmed that the group of eight countries (Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman) that implemented additional voluntary adjustments in 2023 reiterated their commitment to the decision made in December.
