OPEC+ mulls increasing output to 411,000 bpd in July
22/05/2025
Argaam
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OPEC+ members are considering a major production increase at their June 1 meeting, delegates told Bloomberg.
One option on the table is a 411,000 barrel-per-day (bpd) hike in July—three times the initially planned rise. A final decision has yet to be made.
The proposed increase would mirror the volume being added in May and June, after the group moved to speed up its supply recovery.
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