OPEC+ delegates reportedly expect to stick with plan for modest hike in output

  • Bloomberg with the headline

I reckon this doesn't come as too much of a surprise given their decision earlier this month already. The oil market outlook is little changed since then, although there is the whole Ukraine-Russia thing going on but I guess it will be a play by ear situation.

WTI is up 0.3% on the day to $85.90 as price continues to hold up, following the solid rebound yesterday.

investingLive Premium
Telegram Community
Gain Access