Oil prices bounced back over $1 a barrel on Monday after OPEC+ confirmed it would raise output in July by the same volume as in the previous two months, aligning with market expectations.
Brent crude rose $1.19, or 1.9%, to $63.97 a barrel by 0044 GMT, while U.S. WTI climbed $1.30, or 2.14%, to $62.09. Read more