OPEC+ exceeds plan by 500,000 bpd in March; necessary to produce 200,000 bpd more in H2 for balance
The OPEC+ countries produced 500,000 barrels of oil per day more in March than planned, accounting for all voluntary cuts, analysts at the International Energy Agency (IEA) calculated. The IEA analysts have also calculated that OPEC+ needs to produce 200,000 bpd more in the second half of the year than the organization produced in March…
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