OPEC+ delegates plan to meet in Vienna to discuss maximum production capacities. Some members want higher quotas due to increased capacity, while others have seen declines. Angola left the group in 2024 over production target disputes. Ministers asked for a mechanism to assess capacity for 2027 baselines. Decision to be made later this year.

Baselines are used for cuts or increases. OPEC+ members started raising production in April to regain market share. Some members struggle to produce at target levels, while others benefit from heavy energy sector investments. Eight members of the alliance are involved in discussions. Meeting to focus on methodology for assessment.

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