OPEC+ group’s go-slow strategy may do little to ease Asia’s pain

OPEC and its allies agreeing to a modest output hike may do little to soothe Asian buyers struggling with high oil prices, as concerns loom about the group’s production target being curtailed by capacity constraints, analysts told S&P Global Platts. Asian refiners have continued to call for OPEC+ to raise supply by at least 800,000 b/d. The group’s decision to…