Bloomberg11:43 AM

OPEC+ Agrees Symbolic Quota Hike as UAE Touts Oil Investment

OPEC+ Agrees Symbolic Quota Hike as UAE Touts Oil Investment

Major OPEC+ nations agreed a modest and symbolic increase in their June production quota levels, as the group sends a business-as-usual message following the surprise exit of the United Arab Emirates. Abu Dhabi at the same moment touted its own growth plans.

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