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OPEC+ raises output quotas for fourth straight month, fueling concerns of oil market glut
OPEC+ raised oil quotas by 188,000 bpd for the fourth straight month, but shipping blockades and the UAE's exit limit real supply impact on markets.
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economictimes.indiatimes.com
OPEC+ tipped to raise quotas again as Middle East calms
Seven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from disruptions caused by the Middle East war.…
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straitstimes.com
OPEC+ set to clear another oil output increase, say sources
The oil-producing group has agreed in principle to increase quotas by 188,000 barrels per day from August. Read more at straitstimes.com. Read more at straitstimes.com.
