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OPEC+ Considers Delaying April Supply Restart
February 18, 2025
|Mint New Delhi
At $74 a barrel, oil prices remain too low for many OPEC members to cover government spending
OPEC+ is considering pushing back a series of monthly supply increases due to begin in April despite calls from US President Donald Trump to lower prices, delegates said.
Global oil markets remain too fragile to revive production now, said one of the delegates, who asked not to be identified as the talks are private. No decision has been made yet and the group is split on how to proceed, said another. A decision may come in coming weeks.
Postponing the modest hike of 120,000 barrels a day would mark the fourth time that the alliance led by Saudi Arabia and Russia has delayed plans to revive output halted since 2022.
هذه القصة من طبعة February 18, 2025 من Mint New Delhi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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