• 09/20/2024

Number of OPEC+ countries voluntary cut oil production from May and until yearend

Disclaimer: TASS is Russian government propaganda, and not a reliable news source.

Saudi Arabia has decided to reduce oil production by 500,000 barrels per day (bpd) from May until the end of 2023, while the UAE will reduce production by 144,000 bpd, Iraq – by 211,000 bpd, Kuwait – by 128,000 bpd, Oman – by 40,000 bpd, Algeria – by 48,000 bpd, Kazakhstan – by 78,000 bpd and Gabon – by 8,000 bpd

https://tass.com/economy/1611799