Russia and Saudi Arabia may raise production in April to 10.436 mln bpd

02 March 2022


The OPEC Secretariat confirmed to TASS According to the schedule, half of this increase will fall on the largest participants of the agreement - Russia and Saudi Arabia.


As follows from the published communiqué, "the total production in April 2022 should be adjusted by 400 thousand bpd.". At that, the countries-members of the agreement are recommended "to follow the mentioned agreements in full". According to the schedule of restoration of oil production in April, Russia and Saudi Arabia will be able to increase it by 105 thousand bpd each, to 10.436 million bpd.

 

 

GSV "Russia - Islamic World"

Photo: Creative Commons

Based on materials from TASS