Live Streaming
Program Highlight
Company Profile
Zona Integritas
Thursday, 01 July 2021 20:22

OPEC+ could add 2 million barrels of oil to market later this year

Written by 
Rate this item
(0 votes)

Screenshot_2021-07-01_190313.png

 

OPEC+ is moving towards adding around 2 million barrels per day (bpd) of oil to the market between August and December as it eases back on its output curbs, an OPEC+ source told Reuters.

The source said monthly increases would amount to less than 0.5 million bpd.

The first source and another OPEC+ source said Saudi Arabia and Russia, top producers in the OPEC+ alliance, have a preliminary agreement on a deal raising oil output from August. (Reuters)

Read 427 times