Opec+ agrees to boost output, oil prices dive

The group agreed on Sunday to raise their collective production by 400,000 bpd from August

Opec+ deal: Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman — Opec+ deal: Saudi Arabia's Energy Minister Prince Abdulaziz bin SalmanPhoto: AP/SCANPIX

Nishant Ugal

New Delhi

Opec Russia United Arab Emirates Saudi Arabia Suhail al-Mazrouei

Published 19 July 2021, 05:37Updated 19 July 2021, 18:39