OPEC+ is considering a production boost by more than the 400,000 bpd monthly the extended oil cartel agreed to earlier this year, Reuters has reported, citing unnamed sources in the know. OPEC+ has been under growing pressure to boost production more generously as Brent moved closer to $80 a barrel and even briefly topped this level last month.
According to the report, most sources were reluctant to go into detail about the possible size of a greater production increase, but one suggested it is possible to boost production by 800,000 bpd for one…OPEC+ May Add More Oil To Markets Next Month
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