Hey kids, did you know that OPEC+, a group of countries that sell oil, decided to increase how much oil they produce? This is a big deal because oil prices go up and down based on how much is available. It's like if your favorite candy was suddenly harder to find – the price would probably go up!
- OPEC+ will increase oil production in April.
- This is the first increase since 2022.
- The increase is about 138,000 barrels of oil per day.
- Oil prices might change based on this decision.
| Fact | Number |
|---|---|
| Oil price (around the time of the news) | $71 per barrel |
| Daily oil production increase | 138,000 barrels |
