OPEC+ approved cumulative oil production increases of 940,000 barrels per day. Here's what it means for energy prices and crypto mining economics.

OPEC+ plans to increase oil production quotas amid regional stabilization. New all-time high for crude oil by December 31 at 7.5% YES.

The oil-producing group has agreed in principle to increase quotas by 188,000 barrels per day from August, two sources told Reuters.