OPEC and its allies (known as OPEC+) agreeing to increase oil production

Market Report 23-07-21 This week, there was a major announcement in the commodity markets with OPEC and its allies (known as OPEC+) agreeing to increase oil production. The cartel, which includes Kuwait, Russia, Iraq, Saudi Arabia, and the United Arab Emirates, will raise oil production by 400,000 barrels per day from August and by 2,000,000 […]