Business
OPEC+ Agrees to Raise Oil Production in June in First Meeting Without U.A.E.
The Organization of the Petroleum Exporting Countries and their allies have agreed to raise oil production in June by 188,000 barrels a day in their first meeting without former member United Arab Emirates.
Seven countries, including Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, agreed to the move at a meeting on Sunday. It’s less than the May output raise of 206,000 barrels a day.
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