On August 20, an internal OPEC+ report showed that countries that overproduced oil in May and June will have to slash output by over a million barrels per day for two months to compensate for the oversupply.
On August 20, an internal OPEC+ report showed that countries that overproduced oil in May and June will have to slash output by over a million barrels per day for two months to compensate for the oversupply.