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oil production increase News

OPEC+ Announces Strategic Oil Production Increase of 411,000 bpd Starting May

Emily Rodriguez 03 Apr, 2025

OPEC+ has agreed to increase oil production by 411,000 bpd in May, responding to positive market outlook. The decision could be adjusted based on future market conditions, with the...

Economy

OPEC+ Announces Strategic 411,000 bpd Oil Production Increase Starting May

Ryan Peterson 03 Apr, 2025

OPEC+ has agreed to increase oil production by 411,000 barrels per day in May, ending voluntary cuts, citing healthy market fundamentals. The decision could be adjusted based on fu...