Home / Market Update / Commodities / Reuters: OPEC+ Hesitant Between Extending oil Production Cuts and Increasing Supplies
OPEC

Reuters: OPEC+ Hesitant Between Extending oil Production Cuts and Increasing Supplies

Sources in OPEC + told Reuters that the group will discuss two main options for oil policy in May and after that, including an extension of existing cuts and a gradual increase in production.

Two sources said the increase would not exceed 0.5 million barrels per day.

Check Also

Eurozone PMI Holds at 51.5 as Services Slow, Manufacturing Shows Mild Improvement

Business activity across the Eurozone remained in expansion territory in January, but momentum showed signs …