OPEC+ set to stick to modest output hike for July, sources say Posted on May 27, 2022 by cngpump Under a deal reached in July last year, the Organization of the Petroleum Exporting Countries and allies led by Russia, have been easing record production cuts by increments of about 400,000 bpd every month. Related posts: OPEC cuts 2022 world oil demand forecast due to Ukraine conflict OPEC cuts 2022 world oil demand forecast again on Ukraine war Nigeria and Angola responsible for almost half of OPEC+ oil supply gap CNG Pump Near Me In Mumbai Russia jumps to fourth position as oil supplier to India: tanker data Oil see-saws near 14-yr highs as US weighs Russia oil embargo India delivers over 400,000 MT of fuel to Sri Lanka Indian Oil has removed Russian Urals from its latest tender, sources say With 40,000 MT fuel from India, SL looks to reduce power cut from 13 hrs to 2 hrs BPCL delays 25-day crude unit shutdown to May – sources