UP

OPEC+ says to increase petrol production from August

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August.

Axar.az reports, citing France 24, they decided to hike production to 548,000 barrels per day, a statement following a meeting in Vienna said. Analysts had expected the alliance to decide on another output increase of 411,000 barrels per day (bpd) -- the same target approved for May, June and July.

The wider OPEC+ group -- comprising the 12-nation Organization of the Petroleum Exporting Countries (OPEC) and its allies -- began output cuts in 2022 in a bid to prop up prices.

Date
2025.07.05 / 15:13
Author
Axar.az
See also

9 killed, 11 wounded in microbus collision in Egypt

Indianapolis mass shooting leaves 2 dead

Hakan Fidan to attend 17th BRICS Leaders Summit in Brazil

3.8-magnitude earthquake hits Sea of Marmara

Bolton: Trump seeks Nobel Prize with Iran strikes

China's first Legoland opens to visitors in Shanghai

Russian footballer caught on camera assaulting 2 people - Video

Trump calls Putin ‘professional’

Ukraine says it hit Russian military airfield

Trump signals possible Gaza deal next week

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla