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OPEC+ Set to Agree Third Oil Output Quota Hike Since Hormuz Closure

BOF·5d ago·3 min read
Photograph via Business of Fashion
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OPEC+ is set to agree on Sunday to a modest oil output hike, but the increase will remain largely on paper as long as the US-Iran war continues to disrupt Gulf oil supplies, sources told Reuters.

OPEC+ is set to agree on Sunday to a modest oil output hike, but the increase will remain largely on paper as long as the US-Iran war continues to disrupt Gulf oil supplies, sources told Reuters.

OPEC+ is set to agree on Sunday to a modest oil output hike, but the increase will remain largely on paper as long as the US-Iran war continues to disrupt Gulf oil supplies, sources told Reuters.

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