OPEC+ raises oil production quotas by 206,000 barrels per day

OPEC+ raises oil production quotas by 206,000 barrels per day The OPEC+ oil cartel, which includes key oil producers Saudi Arabia and Russia, agreed to again hike oil production quotas on Sunday.  It decided to "implement a production adjustment" of 206,000 barrels per day (bpd) from May.

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