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OPEC+ Prepares to Stop Raising Oil Output Targets

OPEC+ Prepares to Stop Raising Oil Output Targets

by
Industry News

OPEC+ is preparing to approve one more production increase for September and then put the monthly quota parade on hold through the end of the year. Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman are expected to raise their combined September target by about 188,000 barrels per day when they meet on August 2,…

Original report: OilPrice.com ·

OPEC+ Prepares to Stop Raising Oil Output Targets

This is a curated industry news brief from the MarineCraft News Desk. Read the original coverage at the source.

Read the full story at OilPrice.com →

Source: OilPrice.com