#Latest news with #productionquotasBloomberg28-05-2025BusinessBloombergOPEC+ Gathers for Quota Review Before Decision on July OutputOPEC+ will gather online on Wednesday to review production quotas for this year and next, before eight key members decide at the weekend whether to bolster output again in July. Several delegates said they expect the Organization of the Petroleum Exporting Countries and its partners to leave their longer-term targets for 2025 and 2026 — which underpin its current supply restraints — unchanged.
Bloomberg28-05-2025BusinessBloombergOPEC+ Gathers for Quota Review Before Decision on July OutputOPEC+ will gather online on Wednesday to review production quotas for this year and next, before eight key members decide at the weekend whether to bolster output again in July. Several delegates said they expect the Organization of the Petroleum Exporting Countries and its partners to leave their longer-term targets for 2025 and 2026 — which underpin its current supply restraints — unchanged.