OPEC+ Countries Statement | TimelineDaily

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OPEC+ Countries statement

OPEC+ Countries Raises Oil Production Quota After UAE’s Shock Exit

OPEC+ Countries Raises Oil Production Quota After UAE’s Shock Exit

OPEC Oil Production Quota Hike | May 03, 2026

A statement published by OPEC+ said that the seven major producers will add "188,000 barrels per day" to their total production quota..