01 April,2021 | Reuters Staff

OPEC+ agrees on gradually easing oil output cuts from May

OPEC+ has reached a preliminary deal to gradually ease production cuts from May two OPEC+ sources said on Thursday.

LONDON OPEC+ has reached a preliminary deal to gradually ease production cuts from May two OPEC+ sources said on Thursday.

The group was still debating exact figures sources said.

Two sources had said earlier that OPEC+ was considering increasing output by 350000 barrels per day in May 350000 bpd in June and 400000 bpd in July.

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