OPEC+ has agreement in principle for September quota increase and pause thereafter, source says
XLE•OPEC+ agrees in principle to September output increase
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.
