OPEC+ to increase oil supply, expand market share by 2050

๐ŸŒ TASS (Russia) —
OPEC+ to increase oil supply, expand market share by 2050

AI Summary

OPEC+ announced plans to increase oil supply to 55.3 million barrels per day by 2030, aiming to expand their market share by 2050. This reflects long-term strategies for energy market dominance.

By 2030, OPEC+ countries could provide oil supply of 55.3 million bpd

Markets Deals Commodities Energy OPEC+ oil supply market share energy barrels per day 2030 2050

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