OPEC+ Plans Oil Production Quota Hikes

OPEC+ is reportedly planning to increase oil production quotas, aiming to restore 1.65 million barrels per day of previous cuts. This move comes amidst discussions about global oil supply and demand.

15 May, 05:56 — 15 May, 05:56

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vanguard-ngMixed2h ago

OPEC+ plans oil quota hikes to restore 1.65m bpd cuts

By Yinka Kolawole, with agency report The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, are planning to continue a gradual increase in oil production quotas with a target of fully restoring a 1.65 million barrels-per-day output cut introduced in 2023 by September this year. According to a Bloomberg report yesterday, the alliance […] The post OPEC+ plans oil quota hikes to restore 1.65m bpd cuts appeared first on Vanguard News.

By Urowayino Jeremiah

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Coverage Timeline

First report: naftemporiki · 14 May, 20:26|Full coverage: 2 · 9h|Window: 9h

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naftemporiki14 May, 20:26First to report

OPEC+: Οι «αόρατες» αυξήσεις στην παραγωγή πετρελαίου παρά το πολεμικό μπλόκο στον Περσικό

9h later

vanguard-ng15 May, 05:56Latest update

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OPEC+ Plans Oil Production Quota Hikes

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OPEC+ plans oil quota hikes to restore 1.65m bpd cuts

Coverage Timeline

OPEC+: Οι «αόρατες» αυξήσεις στην παραγωγή πετρελαίου παρά το πολεμικό μπλόκο στον Περσικό

OPEC+ plans oil quota hikes to restore 1.65m bpd cuts

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