OPEC+ announced an agreement to set a new level of oil production at the level of 40.46 million barrels per day, starting from the beginning of 2024.
And the statement of the group says: The OPEC + group has decided to adjust the volume of oil production in order to maintain the stability of the oil market and create conditions that allow predicting its movement in the long term.
And the statement continued: “Russia should control the volume of oil production at the level of 9.828 million barrels per day, as of 2024.”
Source: agencies