Additional barrels: A driver delivers crude oil to be refined into gas in Utah. With fuel consumption roaring back in the United States and China, and on the mend in Europe, Opec delegates say they’re confident they can add about 840,000 barrels a day in July. — AFP
NEW YORK: For oil traders, the biggest question in the market is how fast Opec and its allies will revive production later this year. This week they may get some clues.
When it meets tomorrow, delegates said the alliance led by Saudi Arabia and Russia looks set to rubber-stamp output increases scheduled for the next two months.
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