Opec and its allies are likely to stick to an existing deal to lift output by 400,000 barrels per day (bpd) of oil in November, three Opec+ sources said on Monday, as they weigh the threat of new coronavirus surges against consumer calls for cheaper crude.īenchmark Brent has climbed 50 per cent so far this year, rising above $80 a barrel last month and trading around $79 on Monday, supported by supply disruptions and a demand spike as the global economy recovers from the depths of the pandemic.
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