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7 OPEC countries agree to expand monthly oil production modestly as prices slide AP NewsOil prices hover near pre-conflict levels as OPEC boosts output again Fox BusinessOil Falls, Weighed by OPEC Decision to Increase Output Again WSJOil Prices Are Falling, but OPEC Plus Pledges to Pump More The New York Times
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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.
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