Menu

OPEC+ agree to keep boosting oil output

20.7.2021 Print

The 23-member group OPEC+, consisting of the world's leading oil producers, have agreed on a further boost in output. The group is now set to boost output by 400,000 barrels per day each month, starting in August. OPEC+ started to boost oil output bit by bit this May, after having slashed it more than a year ago when the pandemic caused demand in crude to plummet.

Illustration

Do you want to read the whole article?
Get a subscription for free or from CZK 58 per month

For companies, the subscription costs from CZK 1,490 per year plus VAT. For private persons and self-employed persons for CZK 690 per year, including VAT.

Attention: Special Offer, by the end of the year use the offer for 30 days for CZK 149. However, you can also get the subscription for free.

Don't know how to proceed? See the complete subscription terms or contact us.

Order the subscription
I already have the subscription