OPEC+ Reaches Agreement On Oil Output Increase; Russia To Boost Production

(RFE/RL) — Major oil-producing nations have reached an agreement on an increase in output, ending a dispute that sent prices to a six-year high earlier this month.

Under the deal reached on July 18, the alliance of oil-producing nations known as OPEC+ will increase output each month by 400,000 barrels a day beginning in...