The Organization of Petroleum Exporting Countries and its allies (OPEC+) has announced plans to increase oil production by 411,000 barrels per day (bpd) starting May 2025, marking a significant policy shift aimed at gradually phasing out previous output cuts. In a statement released on Thursday following a virtual meeting of its members, the oil cartel [...]The post Oil prices plunge after Trump tariff shock, OPEC + to raise output appeared first on National Daily Newspaper.
Related Articles
Don't miss out on breaking stories and in-depth articles.