OPEC+ Ends The Longest Open Meeting And Proceeds With Its Plan

The Organization of the Petroleum Exporting Countries and its allies agreed to revive more of the suspended production as the prospects for global oil markets improve, amid expectations that demand will be able to withstand the repercussions of the new Coronavirus mutant.

Delegates said the 23-nation coalition led by Saudi Arabia and Russia agreed to increase 400,000 barrels per day as of February.

to be updated…