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People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo Purchase Licensing Rights, opens new tab
LONDON, Aug 2 (Reuters) - OPEC+ has agreed in principle to raise oil output targets by about 188,000 barrels per day from September and then pause for the fourth quarter, a source with knowledge of OPEC+ talks said on Sunday.
One OPEC+ delegate and one OPEC+ source also said they expected a similar outcome from the Sunday meeting.
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Reporting by Alex Lawler, Ahmad Ghaddar and Olesya Astakhova, Writing by Dmitry Zhdannikov; Editing by Joe Bavier
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