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OPEC+ approves oil output increases from May

OPEC+ approves oil output increases from May SECTIONS Last Updated: Apr 01, 2021, 10:21 PM IST Share Synopsis The Meeting approved the adjustment of the production levels for May, June and July 2021. with every adjustment being no more than 0.5 million b/d (barrels per day), a statement from the grouping said. Agencies The OPEC+ grouping of oil producers announced after a ministerial videoconference meeting Thursday that they had approved an increase in output from May onwards. OPEC+ agreed on Thursday to gradually ease its oil output cuts from May, after the new U.S. administration called on Saudi Arabia to keep energy affordable, mirroring Donald Trump s practice of calling OPEC s leader over oil policy.

Oil up as OPEC+ meets to decide on production policy

Oil up as OPEC+ meets to decide on production policy | Hellenic Shipping News Worldwide

Oil up as OPEC+ meets to decide on production policy | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Futures Movers: Oil moves up toward session highs as OPEC+ officially announces plan to gradually lift output

Futures Movers: Oil moves up toward session highs as OPEC+ officially announces plan to gradually lift output
forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.

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