OPEC+ has shifted from production cuts to increases in order to regain market share
Sanziana Georgescu
Economy
sursa foto:s shutterstock.com
Always see our news on Google
After a prolonged period in which OPEC+ tried to stabilize prices through significant production cuts, the organization decided to change its strategy in April 2025. It abandoned the policy of restricting production and began to gradually increase oil deliveries, aiming to regain lost market share. This change reflects an adaptation to market conditions and the need to respond to global demand.
Sources
Latest News
22:59
Dominic Fritz rejects the idea of an independent prime minister and calls for snap elections if a political solution does not emerge quickly
22:45
The MFA warns that Serbian transporters will block the border with the EU, and freight traffic will be halted for an indefinite period
22:42
Dominic Fritz calls for a broad coalition against the PSD-AUR alliance and rules out a merger between USR and PNL
22:34
Cseke Attila Calls for the Rapid Installation of a Government with Full Powers for the Budget Revision Needed in Healthcare
22:18
BVB ended Thursday’s session down. The value of transactions exceeded 100 million lei
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
