OPEC+ sticks to plan for gradual oil production hike as prices soar

OPEC+ sticks to plan for gradual oil production hike as prices soar

Oil prices continued to rise on Tuesday; a day after the OPEC+ meeting kept its supply comeback plan unchanged; with traders pricing in further the tight market conditions. The OPEC+ grouping consists of Organization of the Petroleum Exporting Countries (OPEC), Russia and their allies. OPEC+ said on Monday it would stick to an existing pact...

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