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Seven OPEC+ producers set modest July output increase
RIYADH: Seven OPEC+ member countries — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman — will raise oil output targets by 188,000 barrels per day in July, the group said in a statement after a meeting on Sunday. The decision forms part of ongoing efforts to support market stability, with the countries reiterating that voluntary output adjustments announced in April 2023 may be restored gradually, either partially or fully, depending on market conditions.
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tass.com
Seven OPEC+ nations to increase daily oil production in June by 188,000 barrels
The next meeting will be held on July 5
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arabnews.com
Seven OPEC+ producers set modest July output increase
RIYADH: Seven OPEC+ member countries — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman — will raise oil output targets by 188,000 barrels per day in July,…
