OPEC+ Reaffirmed Its Deal to increase production by 400,000 barrels per day, reaching 2 million barrels per day (mbpd) at the end of 2021. Then in May 2022, the baseline for cuts will reset higher, allowing for the UAE to produce about 500,000 bpd more (its reward for going along…
August 2021 Global Commodity Snapshot on aiSource.