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  • OPEC+ confirms its sticking to agreed policy of oil output increases but indicates immediate adjustments if needed
Ekonomické zprávy
02.12.2021

OPEC+ confirms its sticking to agreed policy of oil output increases but indicates immediate adjustments if needed

According to the OPEC+ statement, today’s ministerial meeting reconfirmed the production adjustment plan and the decision to increase overall output by 400,000 bpd in January 2022.

The statement also added that the ministers agreed that the meeting shall remain in session pending further developments of the coronavirus pandemic. This, according to the statement, will allow the group to continue to watch the market closely and make immediate adjustments if needed.

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