OPEC+ to raise output by 137k bpd
The oil market is likely get some relief from the OPEC+ decision to raise output by only 137K barrels per day. There were persistent reports and rumors last week that OPEC was considering raising 400-500k bpd to accelerate the wind down of the ‘voluntary’ phase of cuts. Instead, this pace stretches the return of barrels over the course of…










