OPEC+ plans to increase output by 206,000 bpd

05/04/2026 Argaam
OPEC+ members prepare to meet virtually to discuss planned output increases.

OPEC+ members prepare to meet virtually to discuss planned output increases.

Key OPEC+ members led by Saudi Arabia and Russia reached a preliminary agreement to increase oil production by around 206,000 barrels per day, Bloomberg reported.

 

The OPEC+ meeting will be held today, April 5, via videoconference.

 

In March, OPEC+ decided to gradually unwind voluntary cuts and raise production by 206,000 barrels per day starting April 2026, Argaam earlier reported.

 

The decision came one day after the outbreak of war in Iran.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.