Economy

OPEC+ trims 2022 market surplus projection to 1m bpd -report

Follow-ups -eshrag News:

Mon, 2022-06-27 18:00

LONDON: The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, trimmed its projected 2022 oil market surplus to 1 million barrels per day, down from 1.4 million bpd previously, a report seen by Reuters showed.

The report was prepared ahead of a meeting of the OPEC+ Joint Technical Committee scheduled to take place on Tuesday. 

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