Opec+ heavyweights Saudi Arabia, Russia and the UAE today reaffirmed their support for the group's plan to gradually phase back crude production, and once again knocked back suggestions they should raise output faster and more aggressively to help temper rising oil prices. Crude prices have been on an upward trajectory since the Opec+ group kicked off its latest output restraint deal in May last year, with front-month Ice Brent futures above $84/bl earlier today, the highest in more than three years. But there appears little appetite among Opec+ members to respond with a shift in strategy. "The alliance has done a ... (full story)