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@ Layer3.news
2025-06-16 12:55:39
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OPEC+ STATES’ PRODUCTION 52,000 BPD BELOW PLAN CONSIDERING VOLUNTARY CUTS IN MAY
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✍️ OPEC+ countries increased oil production by 200,000 barrels per day in May 2025, but still fell short of their planned output by 52,000 barrels per day.
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👉 OPEC+ countries increased oil production by 200,000 barrels per day in May 2025
👉 Production was 52,000 barrels per day below the planned output
👉 Some countries exceeded their OPEC+ output obligations
👉 Libya's production rose by 36,000 barrels per day
👉 Iran's production fell by 25,000 barrels per day
👉 Venezuela's production lost 32,000 barrels per day
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#MOSCOW #Libya #Iran #Venezuela #Kazakhstan #business
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