OPEC receives oil output compensation plans from eight countries

OPEC receives oil output compensation plans from eight countries
# 16 April 2025 12:07 (UTC +04:00)

The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight countries that have exceeded voluntary production quotas within the OPEC+ group, it said on Wednesday, APA reports, citing Reuters.

The countries are Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman.

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