Vienna, Feb 3, 2025 (AFP) - OPEC+ sticks to oil output plan after Trump's price demand

NAMPA / AFP

2025-02-03

An OPEC+ panel on Monday reaffirmed the oil cartel's plan to gradually hike output starting from April, after US President Donald Trump called for lower prices. In a bid to boost prices, the Organization of the Petroleum Exporting Countries (OPEC) headed by Saudi Arabia and Russian-led allies have cut supply by almost six million barrels per day (bpd) since 2022. The OPEC+ alliance has repeatedly postponed putting some of the withheld barrels bac......

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