OPEC Set To Boost Production
Never mind cutting output to staunch a global glut: The talk so far at this week’s OPEC summit in Vienna is mostly about pumping more oil. Iraq will increase exports this month as fighting with Islamic State militants spares its biggest-producing regions, the country’s oil minister said Wednesday. His counterpart from Iran urged the group to make room for more output when global sanctions recede. The prospect of more supply led BP...
