Starting in December, OPEC+ will increase its crude oil supply to the market to 137,000 barrels per day, marking the organization's ninth consecutive increase.
The decision was announced this Sunday, November 2, by the ministers of eight countries in the OPEC+ alliance, led by Saudi Arabia and…
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OPEC+ agrees to increase production in November
In a virtual meeting, OPEC+, the eight energy ministers from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, agreed to a further increase in oil production in November, of 137,000 barrels per…
OPEC+ agreed to increase production to 137,000 barrels per day in October
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,…