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OPEC+ may discuss July oil output hike over 411,000 bpd, Reuters reports

OPEC+ could discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day increases that were made for May and June, Reuters’ Dmitry Zhdannikov, Olesya Astakhova and Ahmad Ghaddar report, citing sources familiar with OPEC+ talks. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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