OPEC+ Weighs Another August Output Increase as Prices Cool
The group is expected to continue unwinding voluntary cuts, but the return of supply while prices soften may test unity among major producers.
The group is expected to continue unwinding voluntary cuts, but the return of supply while prices soften may test unity among major producers.
Crude prices dropped sharply after the US-Iran framework, although mines, insurance and disrupted logistics may delay the return of normal Gulf exports.