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OPEC+ Agrees in Principle on Small Oil Output Quota Hike Without UAE, Sources Say

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By Olesya Astakhova and Alex Lawler
LONDON, May 2 (Reuters) – ⁠Seven ⁠OPEC+ countries have an agreement ⁠in principle to raise oil output targets by about 188,000 ​barrels per day in June, pressing on with plans despite the departure of the UAE, ‌two… [1842 chars]

Source: U.S. News & World Report | Published: 2026-05-02T10:42:00Z

Credit: U.S. News & World Report

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