The Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ have reached a decision to keep plans to increase oil output by 400,000 barrels per day. The increase will take effect in January 2022. The decision was reached at the 23rd OPEC and non-OPEC ministerial meeting (ONOMM) which was held virtually on … Continue reading OPEC+ Maintains Monthly Crude Oil Output Increase At 400,000bpd