Context
OPEC+ has begun gradually reversing 2.2 million barrels per day in voluntary oil production cuts, with eight key members set to increase output from July 2025. This phased rollback follows earlier increments starting in April and comes amid ongoing group-wide production curbs aimed at stabilizing global oil markets.
OPEC (Organization of the Petroleum Exporting Countries)
Angola officially withdrew from OPEC on January 1, 2024
PYQ:Other than Venezuela, which one among the following from South America is a member of OPEC? (2009) (a) Argentina |
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