Categories: World

UPDATE 1-OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

(Adds start time of meeting, paragraph 7) * OPEC+ likely to raise targets by 188,000 bpd from July, sources say * Hike would be the fourth increase in…

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Published: June 7, 2026 16:47:04 IST

(Adds start time of meeting, paragraph 7) * OPEC+ likely to raise targets by 188,000 bpd from July, sources say * Hike would be the fourth increase in as many months * Most cannot meet targets due to

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: June 7, 2026 16:47:04 IST

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