OPEC+ signs off on July increase as oil market tightens Business


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OPEC+ signs off on July increase as oil market tightens By Bloomberg Tuesday, June 01, 2021, 23:09 By Bloomberg In this file photo, the sun sets behind an oil well in a field near El Tigre, Venezuela. (FERNANDO LLANO / AP) OPEC+ stuck to its plan to boost oil output in July, as Saudi Arabia’s energy minister struck a bullish tone about the global recovery from the coronavirus pandemic. The group will press ahead with an increase of 841,000 barrels a day in July, following hikes in May and June, delegates said after a meeting that lasted less than 30...