OPEC+ plans oil quota hikes to restore 1.65m bpd cuts

By Yinka Kolawole, with agency report The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, are planning to continue a gradual increase in oil production quotas with a target of fully restoring a 1.65 million barrels-per-day output cut introduced in 2023 by September this year. According to a Bloomberg report yesterday, the alliance […] The post OPEC+ plans oil quota hikes to restore 1.65m bpd cuts appeared first on Vanguard News .

Original source: Vanguard Nigeria