The OPEC+ members agreed to raise oil production by 411,000 barrels per day in June.
The decision followed a virtual meeting held today, May 3,by the eight core members of the OPEC+ group—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to review current oil market developments and future outlooks.
The OPEC+ members agreed to raise oil production by 411,000 barrels per day in June.
The decision followed a virtual meeting held today, May 3,by the eight core members of the OPEC+ group—Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman—to review current oil market developments and future outlooks.
