International crude oil prices fell after OPEC+ announced an increase in production of 547,000 barrels per day, starting in September.
Raluca Ioana Draghici
.webp)
Economy
www.shutterstock.com
Always see our news on Google
OPEC+ has decided to increase oil production by 547,000 barrels per day, reversing the previous cut of 2.2 million bpd. The move sent international oil prices down, with a barrel of 'light sweet crude' quoted at $67.24 and Brent at $69.52. The decision was influenced by fears over Russian supplies and US pressure on India to cut Russian oil imports. The next OPEC+ meeting is scheduled for September 7.
Sources
Latest News
22:59
Two unvaccinated people from Pennsylvania have died from measles, marking the first time in 35 years that deaths from this cause have been recorded.
22:52
Mihailo Fedorov, former Minister of Defense, warns that Ukraine is losing the war against Russia and has a limited window to make strategic decisions.
22:45
Prime Minister Bolojan: The allocations and scholarships for students remain unchanged
22:37
23% progress in the modernization of DJ 102I Valea Doftanei – Brădet
22:33
Ilie Bolojan states that the PSD will be responsible for the non-adoption of the unitary salary law, warning about the financial pressures that will arise in its absence.
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
