OPEC+ representative: OPEC+ will consider increasing production more aggressively in the next three months.

OPEC+ representative: OPEC+ will consider increasing production more aggressively in the next three months.

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On the 30th, OPEC+ representatives said they would consider increasing production in the next three months.

OPEC+ will discuss increasing output by 500,000 barrels per day each month over the next three months.

After the news was released, international oil prices fell sharply in the short term. WTI crude oil fell by 2.0% during the day to $61.72 per barrel; Brent crude oil fell by 2.0% during the day to $65.73 per barrel.

More updates to follow…

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