OPEC+ expected to approve modest output hike amid oversupply concerns

7 hours ago 1
Oil tanker ship. Red Oil Tanker runing in the ocean sea. petroleum ship transportation import export fuel energy across red ocean sea. Vessel transport Gas to customs

Suphanat Khumsap

The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are expected to sign off on a small increase in oil production targets during their virtual meeting on Sunday, Reuters reported, citing three individuals familiar with the ongoing discussions.

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