The OPEC+ alliance has agreed to increase oil production by 547,000 barrels a day in September amid fears over Russian supplies. The decision marks a reversal of previous cuts, bringing the total increase to around 2.5 million barrels a day. Despite the increases, oil prices have remained high and OPEC+ will meet again on September 7 to discuss possible removal of the current cuts.
Sources
OPEC+ majorează din nou producţia de petrol, într-o mişcare strategică pentru recâştigarea cotei de piaţă
Eight OPEC+ countries raise production by 547,000 bpd
OPEC+ majorează din nou producţia de petrol, într-o mişcare strategică pentru a-și consolida cota de piață
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