OPEC+ Boosts Oil Production Amid Saudi Arabia’s Push
Oil prices surged after the Organization of the Petroleum Exporting Countries (OPEC+) announced a new production hike, marking the third consecutive month of increased output. The move aims to regain market share from US shale drillers and punish countries that over-produce oil. According to OPEC+, the group will increase production by 411,000 barrels per day … Read more