Oil drops after OPEC+ output deal, but markets to stay tight

Brent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production.  

Oil drops after OPEC+ output deal, but markets
Brent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets. Image source: Reuters

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