Doha: Crude oil (Crude oil) OPEC Plus consortium decides to increase supply. OPEC to increase oil supply from AugustOpec more) Fellowship decided.
International oil prices have soared following the crisis in crude oil supplies. The decision comes at a time of crisis for the economy of oil – consuming countries. The new decision is aimed at strengthening the global economy’s recovery efforts from the Kovid expansion.
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And Saudi Arabia (Saudi Arabia) OPEC Plus seeks to gradually increase oil supplies after the differences between the UAE and India have been fully resolved. Further decisions on the new GDP will be based on this from May 2022.
Increasing crude oil supply will alleviate the problems of the crude supply chain and inflation, international oil prices (Oil Price) And is expected to reduce the likelihood of jumping. Oil prices are also expected to fall. OPEC Plus cut production last year to a record 10 million barrels per day.