CAMEO+ eventECONOMIC2026-04-05馃嚫馃嚘
OPEC+ raises oil production quotas by 206,000 barrels per day
source: OPEC+ -> target: Global oil market
On 2026-04-05, OPEC+ decided to raise oil production quotas by 206,000 barrels per day, with the adjustment to take effect in May. The move affects output allocations for eight alliance members, including Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, amid elevated energy prices linked to Middle East conflict.
0.43Significance5.0Magnitude0.8Systemic0.9Market1Articles
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ViennaMiddle EastSaudi ArabiaAsia48.208, 16.374
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