OPEC OUTPUT

May 03 2026BUSINESS

OPEC+ moves forward with oil production plan despite UAE exit and regional conflicts

Seven major oil producers in OPEC+ have quietly decided to slightly increase their oil output next month, adding about 188, 000 barrels per day. This decision happens even as one of their key members, the UAE, announced it was leaving the group. The increase mirrors a similar move last month, but wi

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