h OPEC+ 'volunteers' must compensate 4.8 mln bpd of overproduction by July 2026, with cuts of 2.6 mln bpd by Kazakhstan, 0.3 mln bpd by Russia
Updated on September 9, 2025, 04:09PM (AST)

08.09.2025, 21:10

OPEC+ 'volunteers' must compensate 4.8 mln bpd of overproduction by July 2026, with cuts of 2.6 mln bpd by Kazakhstan, 0.3 mln bpd by Russia


MOSCOW. Sept 8 (Interfax) - OPEC+ countries which announced voluntary oil production cutbacks but exceeded the agreed quotas are to compensate 4.779 million barrels per day (bpd) of overproduction by July 2026, OPEC said in a statement.


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