OPEC+ may ease output cuts by 2 mln bpd until December: report

01/07/2021 Argaam

OPEC

The OPEC+ group of oil producers will likely ease output cuts by about two million barrels per day (bpd) between August and December, Reuters reported, citing a source familiar with the matter.

 

The OPEC+ agreement will likely include monthly oil production increases of less than 0.5 million bpd until December 2021, the source added.

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