Re:Oil plunges as much as 17% as UAE says support output hike
by mythopedia on Thursday March 10, 2022 @09:43AM
(#30627445)
Yes, and that agreement is set to 'expire' next month. "Starting in May 2020, the OPEC+ agreement called for a decrease in crude oil output by an initial 9.7 million barrels per day (b/d) that gradually tapers through April 2022, the end of the current agreement period."[0]
[0] https://www.eia.gov/todayinenergy/detail.php?id=45236