OPEC+ Members to Meet Saturday, Output Hike Expected
By Ayomide Otitoju Key members of the OPEC+ alliance, including Saudi Arabia and Russia, will meet on Saturday to deliberate on crude oil output levels, with analysts expecting a continuation of production hikes into August. The meeting—expected to be held virtually—brings together the so-called “Voluntary Eight” (V8): Saudi Arabia, Russia, Iraq, the United Arab Emirates,…