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Opec+ approves further oil output increase as Hormuz exports start to recover
Oil-producing group agrees to increase quotas by 188,000 barrels per day from August, on top of similar increases for June and July.
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oilprice.com
OPEC+ Plans Another Output Hike. The Market Barely Notices. | OilPrice.com
OPEC+ is expected to approve another production quota increase for August as Gulf oil output gradually recovers following the reopening of the Strait of Hormuz.
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channelnewsasia.com
OPEC+ approves further oil output increase as Hormuz exports start to recover
LONDON: OPEC+ has agreed a further increase in output targets from August, the group said in a statement on Sunday (Jul 5), adding to global supply at a time when oil prices are…
