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home / news releases / opec update april 2022


SOLR - OPEC Update April 2022

  • OPEC output increased by 57 kb/d according to secondary sources in March 2022.
  • Most of the increase in OPEC output was from Saudi Arabia (54 kb/d) followed by Kuwait (25 kb/d), and UAE (23 kb/d). Five OPEC members saw increases of less than 15 kb/d (total of 44 kb/d for that group of 5 nations).
  • A rough estimate for future annual decline rate from the 8 OPEC nations is about 250 +/-50 kb/d.

For further details see:

OPEC Update, April 2022
Stock Information

Company Name: SmartETFs Sustainable Energy II ETF
Stock Symbol: SOLR
Market: NASDAQ

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