OPEC+, a group of countries that control how much oil is made, had a big meeting! They talked about how much oil to make each day. It was a tough decision because some countries were making more oil than they were supposed to.
- Kazakhstan made a record amount of oil, more than it was allowed.
- Saudi Arabia and other countries were upset because Kazakhstan's extra oil lowered the price.
- OPEC+ decided to make a little more oil each day starting in April.
Fact | Number |
---|---|
Extra oil from Kazakhstan | 2.12 million barrels per day (record!) |
OPEC+ total increase | 138,000 barrels per day |
Kazakhstan's allowed oil | 1.468 million barrels per day |