SINGAPORE (Reuters): Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the previous two months.
Brent crude futures climbed by $1.74, or 2.77%, to US$64.52 a barrel by 0827 GMT. U.S. West Texas Intermediate crude was up $1.94, or 3.19%, at US$62.73.
