Goldman Sachs Sees Final OPEC+ Output Hike in July ...Middle East

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Goldman Sachs Sees Final OPEC+ Output Hike in July
source : OILPRICE ( Middle East ) () 26
Goldman Sachs analysts have reportedly suggested that OPEC+ is likely to pause further oil production increases due to deteriorating global economic conditions. Goldman reportedly anticipates that OPEC+ will make a "final" decision in July to raise daily output by 411,000 barrels, but actual economic data may prompt a reassessment, according to @FirstSquawk, and lead to a halt beyond that.   If the Goldman predictions materialize, it will serve as another indication that OPEC+ is confronting increasing challenges amid signs of weakening…

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