Africa-Press – Angola. The 23 members of the OPEC+ alliance decided this Wednesday to continue to increase production by 400,000 barrels of oil per day in March, despite rising prices and geopolitical tension.
Representatives of the 13 members of the Organization of Petroleum Exporting Countries and 10 allies, which make up the OPEC+ alliance, decided to “adjust the total level of production by 400,000 barrels per day during the month of March”, OPEC announced in a statement after a brief meeting.
This strategy of gradually increasing production has been renewed month by month, since the spring of 2021, after the drastic cuts decided at the beginning of the Covid-19 pandemic, when demand dropped sharply and there was a drop in oil prices.
OPEC+ has never deviated from that line, despite calls made in the autumn by the White House for a more expressive increase in supply to calm the rise in prices.
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