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OPEC+ countries to boost oil production by 547,000 barrels per day

OPEC+ countries to boost oil production by 547,000 barrels per day

Washington Post13 hours ago
NEW YORK — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing a steady global economic outlook and low oil inventories.
The group met virtually on Sunday and announced that eight of its member countries would increase oil production by 547,000 barrels per day in September.
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