OPEC+ Agrees in Principle to Larger Oil Hike, Delegates Say

OPEC+ agreed in principle to a slightly larger increase in oil production next month, delegates said, as a conflict sparked by US-Israeli strikes on Iran threatened to bolster a rally...

By Fiona MacDonald, Salma El Wardany, Grant Smith, Nayla Razzouk · Bloomberg Markets

OPEC+ agreed in principle to a slightly larger increase in oil production next month, delegates said, as a conflict sparked by US-Israeli strikes on Iran threatened to bolster a rally in crude prices.