OPEC+ to raise output by up to 500,000 BPD

Bloomberg Jul 1, 2021 08:56 · 32k Views

Energy Aspects analyst Amrita Sen says that OPEC and its allies are likely to raise output by "anything up to 500,000 barrels per day" even as the cartel doesn't have the capacity to meet potential increased summer demands. Sen speaks on Bloomberg Television as OPEC+ heads for a meeting that could prove crucial for oil prices.

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