OPEC+ Set to Raise Output Again—Even as Members Can't Pump It
The planned increase would complete the rollback of a 1.65 million bpd voluntary cut, though shipping disruptions and attacks still limit actual exports.
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OPEC+ likely to again raise oil output targets from September, sources ...
OPEC+ Likely to Again Raise Oil Output Targets From September, Sources Say - Energy News, Top Headlines, Commentaries, Features & Events
By Olesya Astakhova and Alex Lawler OPEC+ seven members meet on August 2 Iran war pushes oil back to $100 a barrel Red Sea threats raise Gulf export concerns MOSCOW/LONDON, July 23 – OPEC+ oil-producing countries will likely agree a further hike in output targets from September when they meet on August 2, three sources ...
In June, OPEC+ pumped 36.28 million barrels a day, a figure lower than almost 43 million barrels a day in February, before the beginning of the war, according to OPEC figures.
OPEC+ plans output increase despite production shortfalls, market cautious
OPEC+ plans to increase oil output despite production shortfalls. Crude oil reaching a new all-time high by September 30 at 13% YES. The post OPEC+ plans output increase despite production shortfalls, market cautious appeared first on Crypto Briefing.
All sources spoke on condition of anonymity and noted that no final decision has yet been taken.
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