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HomeNewsTechnologyOPEC+ set for fourth oil quota hike since Hormuz closure, sources say

OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

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OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

OPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its member countries. Despite setbacks, prominent players such as Saudi Arabia are striving to align with demand. LONDON: OPEC+ is set to agree on Sunday a fourth increase in oil output targets ⁠in as ⁠many months,…

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