OPEC+ approves fourth straight oil output hike, raises July targets by 188,000 bpd
OPEC+ on Sunday agreed to a fourth consecutive increase in oil production targets, even as the ongoing US-Iran conflict continues to restrict exports from several member countries and disrupt global energy supplies, Reuters reported.Seven core members of OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies such as Russia, decided to raise...
