WTICOUSD Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on healthier oil market outlook and adjust production upward - Statement.
OPEC+ countries agree to the increment originally planned for May in addition to two monthly increments.
The eight OPEC+ countries will meet on the 5th of May to decide on June production levels.
OPEC+ plans to increase 411k bpd in April - Statement.