Categories: World

UPDATE 4-OPEC+ decides on fourth oil quota hike since Hormuz closure

* OPEC+ raises targets by 188,000 bpd from July * Hike is fourth increase in as many months * Most cannot meet targets due to Hormuz closure *…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: June 7, 2026 19:52:18 IST

* OPEC+ raises targets by 188,000 bpd from July * Hike is fourth increase in as many months * Most cannot meet targets due to Hormuz closure * Group-wide OPEC+ policy expected to remain unchanged (

(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 19:52:18 IST

Recent Posts

Exclusive-Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say

By Liam Mo and Eduardo Baptista BEIJING, July 23 (Reuters) - U.S. chipmaking giants Intel…

July 23, 2026

Moonshot AI distilled Anthropic's Fable model to develop K3; acquired GB300 servers for AI training, says US official

New Delhi [India], July 23 (ANI): Chinese artificial intelligence startup Moonshot AI allegedly distilled Anthropic's…

July 23, 2026

Brewers take series from Mets with 4-3 win

VIDEO SHOWS: HIGHLIGHTS OF MLB GAME BETWEEN MILWAUKEE BREWERS AND NEW YORK METS RESENDING WITH…

July 23, 2026