(OPEC +) sets production levels for the month of December, with an increase of 400 thousand barrels per day

Baghdad The member countries of the “OPEC +” alliance decided today, Thursday, to continue to moderately increase their oil production, with 400,000 barrels per day in next December, despite the insistence of the consuming countries on a greater increase to curb the rise in prices.

The Organization of Petroleum Exporting Countries announced in a statement published, after a summit that brought together its 13 members and their ten allies within the framework of the “OPEC +” alliance, that the monthly production of the alliance will be raised to 400,000 barrels per day for the month of next December.

Source: National Iraqi News Agency

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Welcome to Lebanon News Gazette, your window into the captivating world of Lebanese news and beyond. We are here to deliver timely, accurate, and captivating coverage that keeps you informed and engaged.