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

Ambani's heir Akash steps into the spotlight as India's Jio goes public

By Vibhuti Sharma MUMBAI, Oct 23 (Reuters) - In Asia's richest family that controls the…

October 23, 2026

Australia's Whitehaven Coal beats quarterly output estimates on Queensland strength

Oct 23 (Reuters) - Australia's Whitehaven Coal beat market estimates for quarterly output on Friday,…

October 23, 2026

Emmy-winning 'Picket Fences', 'Alien' star Tom Skerritt passes away at 93

Washington [US], October 23 (ANI): Veteran actor Tom Skerritt, known for his memorable roles in…

October 23, 2026