OPEC+ agrees to revive more output as market looks tighter

The 23-nation OPEC+ alliance led by Saudi Arabia and Russia approved a 400,000 barrel-a-day increase scheduled for February at a meeting on Tuesday.
Photo: Hasan Jamali/AP/Ritzau Scanpix
Photo: Hasan Jamali/AP/Ritzau Scanpix
By Grant Smith, Salma El Wardany, Ben Bartenstein and Dina Khrennikova, Bloomberg Mercury

OPEC and its allies agreed to revive more halted production as the outlook for global oil markets improved, with demand largely withstanding the new coronavirus variant.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading