MOSCOW, March 31. /TASS/. The OPEC+ ministerial conference on Thursday ended with the decision to restore oil production in May by 432,000 barrels daily, according to the communique posted on the OPEC website.

According to the May production schedule, Russia and Saudi Arabia will be able to increase oil production in May by 113,000 barrels per day for each country to 10.549 mln barrels per day. The overall oil production level can grow to 42.126 mln barrels daily.

The next meeting of OPEC+ countries will be held on May 5 of this year.