economy

OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE

Concerns around production were amplified further last week with news of the UAE's shock departure.

OPEC+ announces 188,000 barrels-per-day output increase in first meeting without UAE

TL;DR

  • The UAE has departed from OPEC+.
  • This departure has amplified concerns around production.
  • The news of the UAE's departure occurred last week.

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