OPEC+ Approves Modest Production Increase Amid Market Shifts

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OPEC+ approved a 188,000 bpd production increase for August, the fifth since the West Asia war.
This aims to boost crude availability, lower prices, and ease pressure on importers like India, with Brent crude nearing pre-conflict levels.

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OPEC+ approved a 188,000 bpd production increase for August, the fifth since the West Asia war. This aims to boost crude availability, lower prices, and ease pressure on importers like India, with Brent crude nearing pre-conflict levels.

Read the full article on Times of India

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OPEC+ Approves Modest Production Increase Amid Market Shifts

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