OPEC+ may keep lifting its oil output quotas as the Iran war broadens. Why that won’t help lower prices.
OPEC+ may decide to increase its oil production quotas for a sixth month in a row. This decision comes as the conflict involving Iran widens. However, getting the extra oil to market could be difficult. Because of export problems, the extra supply may not lower oil prices.
6.4Significance
1 source7.0Source trust