OPEC+ approves fourth consecutive 188,000 bpd output hike for September

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) has approved a 188,000 barrels per day (bpd) increase in oil production quotas for September, marking the fourth consecutive monthly output hike as the producer group continues unwinding supply cuts introduced in 2023. The post OPEC+ approves fourth consecutive 188,000 bpd output hike for September appeared first on Nairametrics .