OPEC+ countries increase oil production by 432 thousand b/d from May

05.05.2022

The quota of OPEC+ countries for oil production has been increased by 432,000 barrels per day since May 1, but they will not be able to reach the permitted level of production, Interfax reports.

In early April, OPEC+ ministers voted to increase the oil production quota by 432,000 bpd from May....