OPEC+ set to further speed up output hikes, sources say

Donald Trump

LONDON :OPEC+ will likely agree to further accelerate oil output increases on Saturday at its first meeting since oil prices jumped, and then retreated, following Israeli and U.S. attacks on Iran. The group, which pumps about half of the world's oil, has been curtailing production since 2022 to support the market. But it has reversed course this year to regain market share and as U.S. President Donald Trump demanded the group pumped more to help keep gasoline prices lower. The group may agree

Tag-uri: Donald Trump

OPEC+ set to further speed up output hikes, sources say https://www.channelnewsasia.com/ - 05.07.2025 11:33
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OPEC+ set to further speed up output hikes, sources say https://www.channelnewsasia.com/ - 05.07.2025 11:33
OPEC+ may further accelerate oil output hikes on Saturday, sources say https://www.channelnewsasia.com/ - 04.07.2025 23:09
OPEC+ set to make another accelerated oil output hike on Saturday, sources say https://www.channelnewsasia.com/ - 04.07.2025 14:52