PRESS ROOM
Oil prices responding positively to OPEC+ demand outlook
Friday 11th June '21
Last week, the Organisation of the Petroleum Exporting Countries and its partners (OPEC+) decided to increase supply only gradually amid a backdrop of improving demand. Following its increases in May and June, total increases would now amount to 2m barrels per day over the period. Oil prices have responded positively to this at the start of June.