Breaking News: OPEC+ V8 decided to increase production ceiling by 411 kbd in July.
Breaking News:
OPEC+ V8 decided to increase production ceiling by 411 kbd in July. The impact is limited as we disused on Thursday.
The production ceiling has risen by about 1.37 mb/d. The remaining voluntary cuts is 0.827 mb/d.
Next meeting is scheduled for July 6 to decide August's production level.