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Ukraine Latest: OPEC+ to Meet as Russia Sanctions Hamper Output.

  • Periodical
  • Bloomberg.com. 6/2/2022, p100-100. 1p.
  • (Bloomberg) -- OPEC+ is expected to approve a modestincrease in oil production at its monthly meetingThursday, as the Financial Times reported that SaudiArabia is prepared to increase supplies if Russian outputdeclines. Russia was judged to have breached the terms on a bondafter missing a $1.9 million interest payment, triggeringan insurance payout potentially worth billions ofdollars. [Extracted from the article]
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