Reported about 7 hours ago
OPEC+ has decided to maintain its plan to gradually increase oil production starting April 1, 2025, while removing the U.S. Energy Information Administration from its monitoring sources. This decision comes amid rising oil prices following U.S. tariffs on major trading partners and ongoing geopolitical tensions. The group aims to boost output in response to market conditions, despite the influence of U.S. sanctions on Russia affecting the overall oil landscape.
Source: YAHOO