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June 2, OPEC + statement shows that OPEC + will achieve 39.725 million barrels/day of production in 2025, while agreeing to increase the UAE's 2025 production quota from the current 2.90 million barrels/day to 3.519 million barrels/day. (...

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2024-06-02 20:31:24
June 2, OPEC + statement shows that OPEC + will achieve 39.725 million barrels/day in 2025, while agreeing to raise the UAE's 2025 production quota from the current 2.90 million barrels/day to 3.519 million barrels/day. (Previously, the UAE and Saudi Arabia had a fierce conflict over crude oil production quotas)