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Seven OPEC+ Countries Plan to Increase Oil Production Limits
Sputnikglobe.com
1 day ago
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Seven OPEC+ countries (Russia, Saudi Arabia, Iraq, Kuwait, Algeria, Kazakhstan, and Oman) have preliminarily agreed to increase the target oil production level by approximately 188,000 barrels per day in June, despite the UAE leaving the alliance, media repor…
Earlier, the United Arab Emirates announced that it would withdraw from both the Organization of the Petroleum Exporting Countries and the OPEC+ alliance, effective May 1, 2026.
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