Source: OPEC+ to raise oil output by 432,000 bpd in May - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: OPEC+ to raise oil output by 432,000 bpd in May

MOSCOW, Mar 31 (PRIME) -- The OPEC+ alliance will raise its combined oil production by the planned amount of 432,000 barrels per day (bpd) in May, a source in one of the delegations told PRIME on Thursday.

УIt was decided to raise production in May by 432,000 barrels per day,Ф the source said.

Another source said earlier that the Saudi Arabian energy minister had said in 2021 that the increase of May 2022 would be higher than a 400,000 barrel growth of the previous months due to adjustment of the reference figure and the allianceТs decision to soften output restrictions in September.

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31.03.2022 15:23
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