The OPEC Plus alliance announced on Sunday a new increase in oil production quotas for July, which may remain without significant effect if the war in the Middle East continues. “As part of their collective commitment to the stability of the oil market,” seven of the 21 member states decided to “implement a production adjustment of 188 thousand barrels […],” the coalition said in a statement following an online meeting of its countries on Sunday. The post “OPEC Plus” alliance decides to increase production appeared first on Hespress - Hespress, a Moroccan electronic newspaper.