Open Demo Account
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

Adel 1 April, 2021 2:37 pm Commodities, Market Update

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.

Tags

Check Also

XAU/USD Under Pressure as Dollar Strengthens

Gold prices are currently facing headwinds, trading below $2,600 per ounce. This decline coincides with …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends