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OPEC+ Plans 206,000 bpd Output Raise for May Amid Chokes Supplies | Collector
OPEC+ Plans 206,000 bpd Output Raise for May Amid Chokes Supplies
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OPEC+ Plans 206,000 bpd Output Raise for May Amid Chokes Supplies

OPEC+ plans to increase its oil production quota by 206,000 barrels per day (bpd) for May 2026, sources told Reuters ahead of the group’s meeting. Eight core members have agreed in principle to the hike, matching the April adjustment. Yet geopolitical tensions—especially the U.S.-Israeli conflict with Iran—are curtailing its impact. The Strait of Hormuz, a […]

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