A VLCC or Very Large Crude Carrier docks at the Fujairah Oil Tanker Terminal VLCC Birth 1 jetty in the Port of Fujairah. Opec+ has begun to taper a historic production restriction pact and plans to bring 2 million bpd back to the markets by the end of the year. Antonie Robertson/The National
A VLCC or Very Large Crude Carrier docks at the Fujairah Oil Tanker Terminal VLCC Birth 1 jetty in the Port of Fujairah. Opec+ has begun to taper a historic production restriction pact and plans to brShow more

Oil rises after Opec+ agrees to more supply