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OPEC/NOPEC To Discuss 1m Bpd Production Boost Tuesday - Business - Nairaland

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OPEC/NOPEC To Discuss 1m Bpd Production Boost Tuesday by Mediamerge: 1:36pm On Sep 08, 2018
By Tsvetana Paraskova

A joint panel of OPEC and non-OPEC representatives will discuss next Tuesday how the group could distribute among them the 1 million bpd production increase that was agreed in June Reuters reported on Friday, citing sources familiar with the plans.

OPEC and its Russia-led partners of non-OPEC producers in the production cut pact agreed in June to ease compliance rates, in other words to boost production, to ease market and consumer concerns about an increasingly tighter market and higher oil and gasoline prices.

Read more...http://energyworthonline.com/2018/09/08/opec-nopec-to-discuss-1m-bpd-production-boost-tuesday/

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