Here’s What Citigroup to Goldman Say About the OPEC+ Oil Deal
This article is for subscribers only.
OPEC+ has overcome an internal dispute and salvaged a deal to add more barrels to the market, with the group set to boost output by 400,000 barrels a day each month from August until all its halted production has been revived. Brent oil fell toward $73 a barrel as investors digested the news.
Here’s what some analysts had to say about agreement, which was driven by the United Arab Emirates seeking better terms, and the broader outlook: