OPEC and allies finalize deal to restore oil production through 2022

Jul. 18, 2021 10:45 PM ETEnergy Select Sector SPDR ETF (XLE), USOUCO, XLE, OIH, VDE, USO, XOP, BGR, ERX, BNO, GUSHBy: Carl Surran, SA News Editor23 Comments

Working Pumpjacks On Sunset
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  • OPEC+ agrees to restore all production cuts the group made when the COVID-19 pandemic began, raising output by 400K bbl/day each month through the end of 2022, resolving an internal dispute that had tested the unity of

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