US EditionOPEC+ will once again increase oil production, allowing Western firms to increase shipments of Russian crude.
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
The increase in production announced by OPEC+ is no higher than anticipated. The post Oil is rising significantly appeared first on Les Affaires.
OPEC has signaled that they intend to continue with their policy of increasing production.
OPEC+ will once again increase oil production, allowing Western firms to increase shipments of Russian crude.
Earlier this year, the Western energy sector began to consider how it might carefully return to Russia if peace is reached in Ukraine. Due to falling oil prices, Greek vessels transported 26% of Russian oil in April, and in March, they made up 30% – over 100% higher than their market share in 2024. Shipping Russian oil remains legal under Western sanctions as long as the price stays below $60 per barrel. The actions of Greek shipowners also refl…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
