OPEC Plus Unveils New Oil Production System

Markets & Money Today | 2 Min News | The Daily News Now! - En podkast av The Daily News Now! - Tirsdager

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OPEC Plus introduces new oil production quota system, aiming to boost investments and stabilize markets. The system assesses each members maximum production capacity, setting output baselines starting in 2027. This move could favor low-cost Gulf producers and encourage new investments, despite challenges for some members due to sanctions and high production costs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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