OPEC+ agrees to new output target of 40.46 mb/d from 2024

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OPEC+ agrees to new output target of 40.46 mb/d from 2024
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OPEC+ agrees to new output target of 40.46 mb/d from 2024 Oil Commodities OPEC WTI Energy

and its allies announced in a statement that they have reached a deal, agreeing to a new output target of 40.46 million barrels per day from 2024.

In response, Russia’s Deputy Prime Minister Alexandar Novak said, Russia's voluntary output cuts remain at 500 b/d, extending voluntary output cuts through 2024.“We're closely watching China's recovery post-covid.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

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