Delegates said ministers have agreed to continue making 400,000 barrel-a-day monthly supply increases
Offshore oil supply containers are strewn about after Hurricane Ida's storm surge swept through Port Fourchon, Louisiana, US, on August 31. Picture: LUKE SHARRETT/BLOOMBERG.
Ministers agreed to continue making 400,000 barrel-a-day monthly supply boosts, delegates said. The panel’s online talks lasted less than an hour — one of the quickest meetings in recent memory and in stark contrast to the drawn-out negotiations seen at the cartel’s previous meeting in July.
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