More ‘wiggle room’ for OPEC+ allows oil producers to mull an output hike without pressuring prices
June 25, 2021 at 11:25 AM EDT
The Organization of the Petroleum Exporting Countries and their allies will spend the majority of next week in meetings to review oil market conditions, and they’re expected to agree on further increases in crude production levels, even as output from the group has made measured gains since May.