Oil prices jump to 7-year highs after OPEC+ agrees to stick to gradual production hikes

Business Insider

04 Oct 2021 0 shares 1 views

Business Insider

Published 04 Oct 2021

OPEC+ ignored growing calls for opening the taps at a faster rate to bring down oil prices after they soared more than 50% this year.

OPEC+ sticks to plan for gradual oil output hike, price roars higher

OPEC+ said on Monday it would stick to an existing pact for a gradual increase in oil output, sending crude prices to three-year..

Upworthy 04 Oct 2021

FRANKFURT, Germany (AP) — With oil prices near three-year highs, OPEC and allied countries are deciding whether to stay with..

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