Tag Archives: Opec+ agrees output hike from January

LONDON: The Organisation of the Petroleum Ex­­porting Countries (Opec) and Russia on Thursday agreed to a modest oil output increase from January by 500,000 barrels per day but failed to find a compromise on a broader and longer term policy for the rest of next year, four Opec+ sources told Reuters. The increase means Opec and Russia, a group known as …

Read More »