OPEC+ to Raise June Oil Output Quotas by 188,000 BPD After UAE Exit

Seven OPEC+ countries have agreed to raise June oil output quotas by approximately 188,000 barrels per day (bpd). The adjustment mirrors April’s 206,000 bpd hike, minus the UAE’s 18,000 bpd share, as the remaining producers maintain a gradual easing of quotas despite the UAE’s exit and ongoing supply risks, such as the disruptions in the […] Read The Full Article OPEC+ to Raise June Oil Output Quotas by 188,000 BPD After UAE Exit On Coin Edition.