OPEC+ agrees in principle another large oil output hike, sources say

Editor’s Note: If OPEC+ follows through with this output hike, it could bring relief to markets strained by tight oil supplies and high energy costs. However, the actual impact will depend on how much extra oil hits the market and whether it offsets geopolitical or demand uncertainties. For drivers and businesses, this could mean slightly lower fuel prices—but don’t expect a sudden drop at the pump just yet.