OPEC+ to Boost Output Despite UAE Exit

OPEC-plus members plan to increase oil output targets by 206,000 barrels per day in June, excluding UAEs 18,000 barrels per day due to their exit. However, the Strait of Hormuz remains closed to ships, limiting production increases. Despite this, sources expect the group to proceed with the plan, keeping oil prices volatile as the meeting unfolds. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/99da68d61115f5f9