
The OPEC+ Monitoring Committee confirmed the decision to raise oil production by 1.15 million bpd over the next three months
On Tuesday, during a video conference, the OPEC+ ministerial monitoring committee confirmed the earlier decision to increase oil production by 350,000 barrels per day (bpd) in May, and by another 350,000 bpd and 450,000 bpd in June and July, respectively.