Salma El Wardany and Grant Smith

Government, Business, Fuel

OPEC+ Supply Hikes Enough to Prevent Market Overheat, Oman Says

OPEC sign An OPEC sign hangs outside the OPEC Secretariat in Vienna. ( Akos Stiller/Bloomberg News)

OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,” Oman’s oil minister said.

January 11, 2022