What is OPEC+ and how does it impact oil prices? – Reuters

  • Date: 01-Jun-2023
  • Source: Reuters
  • Sector:Oil & Gas
  • Country:Kuwait
  • Who else needs to know?

What is OPEC+ and how does it impact oil prices? – Reuters

May 31 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on June 4 to discuss their joint output policy.

Below are key facts about OPEC+ and its role.

What are OPEC and OPEC+?