Oil is rising on international markets ahead of the OPEC+ meeting scheduled for this Tuesday, where production quotas will be discussed. The expectation is that the cartel and its allies will maintain the supply increase already outlined for June and July and announce new production levels starting in August.
At this time, West Texas Intermediate (WTI), traded in New York, is up 2.28% to $67.84, while Brent, traded in London, is up 1.56% to $70.39.
