OPEC+ countries in 1st meeting after UAE's exit announces 188,000 barrels-per-day output increase

Iran Herald · May 3, 2026 Politics

Vienna [Austria], May 3 (ANI): Seven OPEC+ countries have decided to increase their oil production cap by 188,000 barrels per day in June, in response to the withdrawal of the United Arab Emirates from the bloc, OPEC said in a statement on Sunday.

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