OPEC+ approves 188,000 bpd oil output hike for September amid supply disruptions, fully reverses 2023 output cuts
· livemint.com
The September quota increase completes the rollback of the 1.65 million bpd voluntary production cut agreed in 2023, when the UAE was still part of the production management arrangement
Organization of the Petroleum Exporting Countries (OPEC) on Sunday (2 August) approved an increase in oil production quotas of around 188,000 barrels per day (b...