OPEC+ Meets as Oil Output Hike Looms
This is Beirut, 28/05 13:50 - Reading : 3 minute(s)
Ministers of the OPEC+ oil alliance, led by Saudi Arabia and Russia, hold talks Wednesday to discuss their production levels as another hike looms despite falling prices. The 22-nation group began a series of cuts in 2022 to prop up crude prices, but Saudi Arabia, Russia and six other members surprised markets recently by sharply raising output ...