OPEC+ plans to increase oil production by 411,000 bpd in August, aiming to regain market share and respond to global demand.
Raluca Ioana Draghici
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Economy
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OPEC+ is preparing to announce a significant increase in oil production by 411,000 bpd in August, which would lead to a total increase of 1.78 million bpd by 2025. The decision comes after a change in strategy, scrapping previous production cuts. Although some members have exceeded their targets, OPEC+ is looking to regain lost market share. Oil prices have fluctuated recently and a meeting of the group is scheduled for July 6.
Sources
OPEC+ se pregăteşte pentru o nouă creştere accelerată a producţiei de petrol în august
OPEC+ se pregătește pentru o nouă creștere accelerată a producției de petrol în august, spun surse
OPEC+, consorțiu al producătorilor de petrol, se pregăteşte pentru o nouă creştere accelerată a producţiei în august
OPEC+ se pregăteşte pentru o nouă creştere accelerată a producţiei de petrol în august, spun surse
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