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OPEC Increases Oil Production, Battle with Emirates for Market Share

Summary by De Telegraaf
The OPEC oil cartel, together with partners such as Russia, Kazakhstan, Mexico, and Oman, will announce on Sunday that it will increase production for June.

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The OPEC oil cartel, together with partners such as Russia, Kazakhstan, Mexico, and Oman, will announce on Sunday that it will increase production for June.

·Amsterdam, Netherlands (Kingdom of the)
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OPEC+ countries will likely agree to a production increase for June on Sunday, three representatives of the oil cartel told Bloomberg. That would be the first step for OPEC+ since the sudden departure of the United Arab Emirates (UAE) this week.

·Apeldoorn, Netherlands (Kingdom of the)
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De Telegraaf broke the news in Amsterdam, Netherlands (Kingdom of the) on Friday, May 1, 2026.
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