CAMEO+ eventECONOMIC2026-05-03馃嚫馃嚘
OPEC+ raises June oil output quotas, signals continued market stability
source: OPEC+ -> target: Global oil market
On 2026-05-03, OPEC+ members met virtually and agreed to raise June crude oil output quotas by 188,000 barrels per day. The group said the adjustment was intended to support market stability and could be returned gradually depending on market conditions.
0.47Significance5.0Magnitude0.9Systemic0.9Market2Articles
Location
Virtual meeting / OPEC+Middle EastSaudi ArabiaAsia24.714, 46.675
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