The Organization of Petroleum Exporting Countries (OPEC) and non-member OPEC+ (a grouping of OPEC plus allied producers, including Russia) have agreed to a daily oil output of 648, 000 barrels per day in August. The minor rise in the output indicates that the body is adhering to its moderate increase plan, despite widespread appeals to … Continue reading OPEC Approves New Quota For Nigeria, Despite Production Shortage