The latest news and updates about اوپک from trusted sources around the world.
🔺OPEC+ approved an increase in oil production; the gradual reopening of the Strait of Hormuz helped drive prices down ▪The OPEC+ group announced in a statement on Sunday, 14 Tir, that it has agreed…
Bloomberg, citing OPEC+ representatives, reported that seven major countries in the alliance, led by Saudi Arabia and Russia, have reached a preliminary agreement to increase production quotas for…
Iran’s oil production in the weeks after the reopening of the Strait of Hormuz has increased by about 500,000 barrels per day and has reached roughly 2.85 million barrels per day. However, Iran’s oil…
Bloomberg and Reuters assessments of the immediate recovery of OPEC oil production following the lifting of the Islamic Republic’s blockade of the Strait of Hormuz. A Reuters review shows that last…
👈 OPEC oil production increased with the reopening of the Strait of Hormuz and the resumption of exports by Persian Gulf producers ✅
