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
17:57
Claudiu Manda announces how PSD wants to obtain the votes needed to form the new Government
17:51
Ilias Kasidiaris, former leader of Golden Dawn, has been released and announces his return to politics
17:45
Gigi Becali, summoned before the Disciplinary Commission following statements about Istvan Kovacs
17:41
China donated to the UN a lunar sample collected by the Chang’e-6 mission, permanently displayed at the organization’s headquarters in Vienna
17:36
A farmers’ representative distances himself from the violence in Victory Square: We do not support attempts to hijack the demonstration
See more news
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
