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OPEC+ agrees to ‘modest’ boost of oil output, Reuters reports

OPEC+ agreed to boost oil output modestly by 206,000 barrels per day for April just as the U.S.-Israeli war on Iran and Tehran’s retaliation disrupted oil flows from key members of the producer group in the Middle East, Reuters’ Olesya Astakhova, Alex Lawler and Ahmad Ghaddar report. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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