OPEC+ plans to increase oil supply as war, disruptions rock global market

Sunnewsonline | 06-04-2026 02:25pm |

The Organisation of Petroleum Exporting Countries and its allies (OPEC+) are preparing to raise oil production quota by 206,000 barrels per day (bpd) for May 2026. The move is consistent their continued efforts to stabilise global energy markets, but one that may have little immediate real-world effect. According to sources who spoke to Reuters ahead

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