OPEC+ to go ahead with planned 400,000 bpd output increase in February – Reuters

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OPEC+ to go ahead with planned 400,000 bpd output increase in February – Reuters
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OPEC+ to go ahead with planned 400,000 bpd output increase in February – Reuters By eren_fxstreet Oil WTI Energy Commodities

The group known as OPEC+ will have a meeting on Tuesday, January 4, to decide on the oil supply strategy.This headline doesn't seem to be having a significant impact on crude oil prices. As of writing, the barrel of West Texas Intermediate was trading at $76.25, gaining 1.2% on a daily basis.

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