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OPEC+ Accelerates Production Increase

OPEC+ Accelerates Production Increase

by Natalija Riabko | Apr 3, 2025 | Forecast, News, News of the day, Oil

In a notable policy shift, OPEC+ has opted to raise oil output by 411 thousand barrels per day (kb/d) in May, significantly exceeding the previously anticipated 135 kb/d adjustment. This decision effectively fast-tracks the implementation of July’s production quotas,...

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