Eight OPEC+, which decides to limit oil production voluntarily, will increase by 411 thousand barrels per day in June. About it Reported In the press service of the organization.
“This is equivalent to three -month growth … Depending on the changing market conditions, gradual increase can be suspended or canceled. This flexibility will allow the group to continue to maintain the stability of the oil market,” he said.
OPEC+, Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria and Oman said we talked about.
OPEC Monitoring Committee+ in April+ I recommend Participating countries do not change the parameters of oil production. According to the results of the meeting, OPEC+ countries in January and February 2025 remained connected to coordinated production indicators.
May 3, Russian Deputy Prime Minister Alexander Novak saidThe member OPEC+ can produce more oil, but because it has not been done so far. According to him, countries have potential deposits and programs for the development of deposits, but they restrict the hunt.
Previously, since May, the Russian Federation’s oil production volume exceed 9 million barrels a day.
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Source: Gazeta
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