$ 74.73 before slipping to around $ 74.30 by 1215 GMT. US light crude was $ 1.00 higher at $ 66.54.
The Opec agreed on Friday to raise production by around 1 million bpd from July for the group and its allies, a source said.
$ 74.73 before slipping to around $ 74.30 by 1215 GMT. US light crude was $ 1.00 higher at $ 66.54.
The Opec agreed on Friday to raise production by around 1 million bpd from July for the group and its allies, a source said.