An oil tanker being loaded at Saudi Aramco’s Ras Tanura oil refinery.
Photo:
ahmed jadallah/Reuters
OPEC and its allies agreed to a small, planned increase in crude production amid soaring oil prices, the group said Wednesday, with concerns over supply heightened due to a possible Russian invasion of Ukraine.
The Organization of the Petroleum Exporting Countries and a coalition of Russia-led oil producers said they agreed to raise their collective…
