The OPEC+ group of oil producers agreed on Sunday (Mar 1) to raise output by 206,000 barrels per day from April, representing less than 0.2 per cent of global demand.
Don’t let the allure of free delivery trick you into paying for more than you intended, says a professor.
The main risk to the oil market remains a blockade of the Strait of Hormuz, which connects the Gulf to the Gulf of Oman and which Iran has frequently threatened to paralyse.
