h Eight OPEC+ countries to boost oil output by 411,000 bpd in June amid strong market conditions
Updated on May 5, 2025, 08:18PM (AST)

05.05.2025, 12:02

Eight OPEC+ countries to boost oil output by 411,000 bpd in June amid strong market conditions


MOSCOW. May 5 (Interfax) - Eight OPEC+ member states that had voluntarily cut oil production by 2.2 million barrels per day (bpd) in 2023 will gradually increase output by a combined 411,000 bpd starting in June, the group announced in a statement on Saturday. The adjustment is equivalent to three monthly increments.


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