JUST IN: Oil Hits $80/bbl as OPEC+ surges February Quota by 11.2m barrels

OPEC+ adds another 400,000 barrels per day to its total oil quota for Nigeria, others’ February loading   Brent crude has climbed 1.09 percent to $80.07 a barrel — the highest since November 2021. Platforms Africa reports that this is coming as the Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ decided to add another 400,000 barrels per day to its total oil production in February. Data compiled by Platforms Africa showed that the quota surge amounts to 11.2 million barrels in the 28 days of…

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