#OPEC
💬 0
OPEC+ Approves Modest 137,000-Barrel Daily Oil Production Increase for November, Aiming for Market Stability Amid Weak Demand
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have approved a modest oil production increase of 137,000 barrels per day for November, signaling a cautious approach as the group seeks to balance market stability against weakening global demand. The decision, which involves eight key members including Saudi Arabia and Russia, represents a…