The next meeting of the OPEC + Ministerial will be held on February 2.
The ministers of the member countries of the organization will discuss the plan for oil extraction in March.
At yesterday's meeting, it was decided that OPEC + will not deviate from the plan set for January and will increase oil production by another 400 thousand barrels.
Due to the declining demand for oil caused by the coronavirus pandemic, OPEC + has reduced production by 9.7 million barrels since May last year.
With the stabilization of the situation, oil production has more or less resumed. From August 2021, the Alliance increased oil production by 400 thousand barrels per month.
Since then, the organization's member states have met every month and discussed the production plan for the coming month.
