Subscribe Log In Brent closes 3% higher after Opec supply decision . Real increase will be around 770,000 bpd, according to Iraq Oil prices soared on Friday after oil producers agreed to modest crude output increases to compensate for losses in production at a time of rising global demand. Opec and other top crude producers, meeting in Vienna, agreed to raise output from July by about 1 million barrels per day. The real increase, however, will be aroun...
