US said to have asked OPEC for a 1 mil bpd oil output hike - Bloomberg

Dhwani Mehta FXStreet

Bloomberg is out with the latest headline, citing that the US is said to have asked the Organization of the Petroleum Exporting Countries (OPEC) to raise the oil output by 1 million barrels per day (bpd).

No further details mentioned on the same, but the headline seems to have knocked-off both crude benchmarks slightly lower.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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