OPEC+ To Discuss Production Policy

OPEC+ expected to approve oil output hike OPEC+ will meet to discuss production policy, with a potential hike in oil output for August. The expected increase would be around 188K BPD, matching the level of hikes seen in June and July. Crude prices have returned t

OPEC+ expected to approve oil output hike

OPEC+ will meet to discuss production policy, with a potential hike in oil output for August.

The expected increase would be around 188K BPD, matching the level of hikes seen in June and July.

Crude prices have returned to pre-war levels after the US-Iran MOU, alongside a gradual reopening of the Strait of Hormuz.

Leave a Reply

Your email address will not be published. Required fields are marked *