OPEC+ Eight Agree on Output Adjustment to Support Market Stability

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Eight members of OPEC+ agreed to implement a production adjustment of 206,000 barrels per day in May, in addition to the 1.65 million barrels per day of voluntary cuts announced in April 2023, reaffirming the importance of a cautious approach and retaining full flexibility. Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia, Saudi Arabia, and… The post OPEC+ Eight Agree on Output Adjustment to Support M...

By Fatima Kemelova