[OPEC + June production reduction measures detailed data (chart) ] 1. OPEC + announced in October 2022 to reduce production 2 million barrels/day measures extended to 2025...
2024-06-02 23:32:46
< b > [Detailed data on OPEC + production reduction measures in June (chart) ] < br > < span class = "section-news" > 1. The OPEC + full production reduction announced in October 2022 2 million barrels/day measures extended to the end of 2025. < br > < span class = "section-news" > 2. The 1.66 million barrels "additional voluntary production reduction" measures announced in April 2023 were extended to the end of 2025. There are 8 participating countries: Saudi Arabia 500,000 barrels/day; Iraq 211,000 barrels/day; UAE 144,000 barrels/day; Kuwait 128,000 barrels/day; Kazakhstan 78,000 barrels/day; Algeria 48,000 barrels/day; Oman 40,000 barrels/day; Russia 500,000 barrels/day. < br > < span class = "section-news" > 3. The "voluntary production reduction" of 2.20 million barrels announced in November 2023 was extended by one quarter to the end of September 2024, and the reduction was phased out from October 2024 to the end of September 2025 as appropriate. There are 8 participating countries: Saudi Arabia 1 million barrels/day; Iraq 223,000 barrels/day; UAE 163,000 barrels/day; Kuwait 135,000 barrels/day; Kazakhstan 82,000 barrels/day; Algeria 51,000 barrels/day; Oman 42,000 barrels/day; Russia 500,000 barrels/day (export volume). < br > < img src = "https://flash-scdn.jin10.com/6fcc35e6-b233-49c4-9d42-e7b86ed087fb.jpg" referrerpolicy = "no-referrer" >
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