OPEC+ reportedly plans to continue increasing production, aiming to fully restore all reduced output quotas by the end of September
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
```htmlGolden Ten Data reported on May 14, citing multiple representatives from foreign media, that although many production increases currently remain only "on paper," key OPEC+ members plan to continue advancing quota increases over the coming months, striving to complete the final phase of previously suspended capacity recovery by the end of September. OPEC+ has already officially agreed to restore about two-thirds of the supply cut of 1.65 million barrels per day implemented in 2023. Three representatives stated that OPEC+ intends to continue gradually raising production targets over the next three months to restore the remaining supply, but due to the Iran war causing disruptions to Persian Gulf exports, most major members are unable to actually deliver these production increases.```
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Trader 0x535e opened a leveraged long position with 17,100 ZEC.
AiCoin•2026/05/15 00:27
South Korea's KOSPI index touches 8,000 points for the first time
格隆汇•2026/05/15 00:16
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$81,399.8
+2.39%
Ethereum
ETH
$2,292.13
+1.20%
Tether USDt
USDT
$0.9997
+0.01%
XRP
XRP
$1.5
+4.62%
BNB
BNB
$684.34
+1.55%
USDC
USDC
$0.9997
-0.01%
Solana
SOL
$92.45
+1.47%
TRON
TRX
$0.3537
+1.19%
Dogecoin
DOGE
$0.1164
+1.11%
Hyperliquid
HYPE
$44.82
+15.53%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now