The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, as several member states implemented voluntary production cuts to compensate for prior breaches of agreed production quotas. The eight members involved in the group’s current accord raised production by 154,000 barrels a day, compared with […]
The post OPEC+ output falls short in May as members cut oil to offset quota breaches appeared first on Naijaonpoint.com.ng.
