Fuel prices set to slide soon as OPEC+ agrees to boost supply

The grouping, which includes Russia, decided to raise production by 400,000 barrels per day (bpd) from August till December to restore 2 million bpd of production, or about 44% of India’s daily requirement. It also agreed on a higher production quota for United Arab Emirates, Iraq and Kuwait – all India’s major suppliers.

from Times of India https://ift.tt/3ewCwja