OPEC+ will increase its production triple what the price of oil barrel had and collapse

Infobae - 03/04
The measure was decided by the poster of producing countries that includes Saudi, Russia, Iraq, Eau, Kuwait, Kazakhstan, Algeria and Oman
Photography of an oil platform. EFE/STR

The OPEC+alliance, led by Saudi and Russia Arabia, decided on Thursday to raise its production of crude oil in 411,000 barrels per day (BD) from May, which is an acceleration of the rhythm with which it had planned to return to the market starts part of the volumes cut in recent years.

The increase, almost triple what they planned to increase initially, runs on account of Saudi Arabia, Russia, Iraq, Eau, Kuwait, Kazakhstan, Algeria and Oman, the organization of oil export countries (OPEC) reported in a statement.

Petroleum prices reacted with declines around 7% after...
[Short citation of 8% of the original article]