OPEC + Delivers Modest Output Hike, Brent Crude Rises 1.7%. What Next for Oil Prices?

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Oil prices have risen at the start of the week after the Organization of the Petroleum Exporting Countries and its allies (OPEC +) once again delivered what I would call a strategic under-delivery of the expected output hike. OPEC+ announced a modest production increase following their recent meeting, agreeing to raise output by 137,000 barrels […]The post OPEC + Delivers Modest Output Hike, Brent Crude Rises 1.7%. What Next for Oil Prices? appeared first on Action Forex.