Here’s What Citigroup to Goldman Say About the OPEC+ Oil Deal By Bloomberg – Investing.com

  • Date: 19-Jul-2021
  • Source: Investing.com
  • Sector:Oil & Gas
  • Country:Middle East
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Here’s What Citigroup to Goldman Say About the OPEC+ Oil Deal By Bloomberg – Investing.com

(Bloomberg) -- OPEC+ has overcome an internal dispute and salvaged a deal to add more barrels to the market, with the group set to boost output by 400,000 barrels a day each month from August until all its halted production has been revived. fell toward $73 a barrel as investors digested the news.

Here’s what some analysts had to say about agreement, which was driven by the United Arab Emirates seeking better terms, and the broader outlook:

Citigroup