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OPEC Plus is set to reduce production by 100,000 barrels per day
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Economy News - Baghdad
Today, OPEC Plus meets to discuss the oil file over the next two months.
A source told "Economy News", "Today's meeting will discuss reducing production by 100,000 barrels due to the oil supply that exceeds demand by 900,000 barrels per day."
He added that the options are still under discussion, especially with Russia's refusal to reduce production and maintain current production.
He pointed out that most of the OPEC Plus countries are afraid that production will remain the same, because it will increase the possibility of lowering prices.
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Added 09/05/2022 - 11:51 AM
Update 09/05/2022 - 1:07 PM
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Economy News - Baghdad
Today, OPEC Plus meets to discuss the oil file over the next two months.
A source told "Economy News", "Today's meeting will discuss reducing production by 100,000 barrels due to the oil supply that exceeds demand by 900,000 barrels per day."
He added that the options are still under discussion, especially with Russia's refusal to reduce production and maintain current production.
He pointed out that most of the OPEC Plus countries are afraid that production will remain the same, because it will increase the possibility of lowering prices.
33 . views
Added 09/05/2022 - 11:51 AM
Update 09/05/2022 - 1:07 PM
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