opec plus

Latest news and articles about opec plus from NEX English

OPEC Plus Increases Oil Production by 206,000 Barrels Daily in May

Eight member countries of the OPEC Plus alliance, including Saudi Arabia, Russia, and Iraq, announced an increase in oil production by <strong>206,000 barrels per day</strong> starting in May. This decision aims to support market stability amid rising regional tensions.

OPEC Plus Meeting to Discuss Rising Oil Prices on April 5

The Russian Foreign Ministry anticipates that rising oil prices will be the main topic at the OPEC Plus monitoring committee meeting scheduled for April 5. Oil prices saw a significant increase in March, raising concerns in global markets.