OPEC+ set to stick to existing deal despite demand concerns ...Middle East

OPEC+ is set to agree another small increase in production targets for June, delegates from the group say, as expectations that sanctions will crimp Russian output further counter demand growth concerns from Chinese lockdowns. OPEC+ ministers are set to meet on Thursday and are expected to agree to raise production targets by 432,000 barrels per day (bpd) for June, four OPEC+ delegates told Reuters.

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