Channel NewsAsia
AsiaPac · 13 mins ago
◉ Centre
OPEC+ approves fourth oil output quota hike since Hormuz closure
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Quality 45/100
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◉ Centre ⚠ Misleading headline
OPEC+ approved an increase in oil production quotas by 188,000 barrels per day from July, marking the fourth such hike since a claimed Hormuz closure event.
OPEC+ approves fourth oil output quota hike since Hormuz closure
On Sunday, the seven members decided to increase targets by 188,000 bpd from July, OPEC said in a statement.
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