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OPEC+ raises its production by 206,000 barrels per day during May

April 5, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
OPEC+ raises its production by 206,000 barrels per day during May

The eight countries involved in voluntary production cuts within OPEC+, along with Saudi Arabia, the United Arab Emirates, Iraq, Kazakhstan, Kuwait, Oman, and Russia, decided to increase their total production by 206,000 barrels per day during May. According to a statement from the Ministry of Energy and Mines, this decision was made during the ministerial meetings dedicated to monitoring the implementation of evaluation and follow-up mechanisms related to the decisions of the participating countries in the cooperation declaration (OPEC+), on Sunday, April 5, which saw Algeria participate via videoconferencing. Read the full content on Echourouk Online.

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