Starting next October, the Organization of the Petroleum Exporting Countries (OPEC+) will increase production to 137,000 barrels per day, according to eight members at a virtual meeting last Sunday, September 7.
Thus, Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan,…
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OPEC+ to increase crude oil supply by 547,000 barrels per day starting in September
Starting next September, the crude oil supply of the OPEC+ alliance, led by Saudi Arabia, will increase to 547,000 barrels per day.
The organization indicated that the measure will seek to address the constraints faced by industries…
OPEC+ to increase crude oil production to 548,000 barrels per day
Crude oil pumping will increase to 548,000 barrels per day starting August 1, according to a decision by OPEC+.
The measure was agreed upon by 22 members of the Saudi-led organization through a virtual meeting last Saturday, July 5.
In an…
OPEC+ to increase crude oil supply by 411,000 barrels per day in June
OPEC+ will increase oil production to 411,000 barrels per day starting June 1, which represents three times the initial target.
The increase in crude oil production, according to the decision made this Saturday, May 3, and announced by…