Oil dips; OPEC+ sticks to gradual output hikes

The Organization of the Petroleum Exporting Countries and allies led by Russia, a group known as OPEC+, agreed on Wednesday to stick to a policy from July of phasing out record output cuts by adding 400,000 barrels per day (bpd) a month to the market.

from News-Economic Times https://ift.tt/3mYBDoJ