OPEC countries say they will expand monthly oil production Al JazeeraOil drifts down after OPEC agrees to raise output targets ReutersOPEC, Allies Hike Output Again as Hormuz Traffic Starts Recovering WSJOil
Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symbolic until a peace deal between the U.S. and Iran sticks and the Strait of Hormuz is fully reopened to shipping traffic.
